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SK Hynix says Toshiba seeks 109.15 bln yen in NAND leak suit
July 21, 2014 / 9:21 AM / 3 years ago

SK Hynix says Toshiba seeks 109.15 bln yen in NAND leak suit

SEOUL, July 21 (Reuters) - South Korea’s SK Hynix Inc on Monday said Japanese rival Toshiba Corp is seeking 109.15 billion yen ($1.08 billion) in damages in a lawsuit filed in Japan over the suspected leak of NAND flash memory chip technology.

SK Hynix disclosed the amount in a regulatory filing after receiving official notice of the lawsuit, which was filed in March.

Toshiba filed the suit with the Tokyo district court following the arrest by Tokyo police of a former engineer at a Toshiba-affiliated chipmaker who was suspected of improperly providing technical data to SK Hynix.

$1 = 101.2700 Japanese Yen Reporting by Se Young Lee

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