World SMIC settles TSMC suits News Desk Feb 1st, 2005 Comments Off on SMIC settles TSMC suits SMIC, China's biggest chip maker, said it paid rival TSMC $175 million to settle patent and trade secret lawsuits and warned of weaker-than-expected demand and prices in the current quarter.Copyright Reuters, 2005 Share on Facebook Share Share on TwitterTweet Share on Pinterest Share Share on LinkedIn Share Share on Digg Share Share via SMS Share Share via Whatsapp Share the author Previous KKI market review Next Negligence of income tax department causes huge loss