Linked by Thom Holwerda on Sat 31st Aug 2013 19:22 UTC
PDAs, Cellphones, Wireless

Earlier today, several top designers at HTC were arrested in Taipei under suspicion of fraudulent expense claims, as well as stealing trade secrets ahead of leaving the company to run a new mobile design firm in both Taiwan and mainland China. Five people were interrogated, with the most notable ones being Vice President of Product Design Thomas Chien, R&D director Wu Chien Hung and design team senior manager Justin Huang (who also personally sketched out the One's design). Chien and Wu are taken into custody, whereas the others were released on bail. Their offices were also raided yesterday as part of the investigation.

HTC certainly looks like a sinking ship, doesn't it?

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HTC Made Its Point
by jburnett on Sun 1st Sep 2013 13:31 UTC
Member since:

HTC has clearly made the point to any other employees that are considering leaving - "we own the government and you will go to jail."

Reply Score: 1

RE: HTC Made Its Point
by bfr99 on Sun 1st Sep 2013 15:43 in reply to "HTC Made Its Point"
bfr99 Member since:

What a strategy: Lets discourage employees from starting new companies!
Another instance of corporate greed having damaging effects on a country as a whole.
Not the least reason for the proliferation of new technological firms in California is the high barrier to suing employees who leave for other opportunities. In 1996 Borland of all companies actually managed to criminally charge an employee who changed jobs with theft of trade secrets. The case of course, was eventually thrown out and I believe the county prosecutor destroyed his career. The lesson is that if you see a public company suing departing employees it is a good opportunity to short the stock.
While even in California there are sometimes suits against departing employees, they are typical business lawsuits that are quickly settled.

Reply Parent Score: 1