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Beijing E-Town (Yitang) Sues Applied Materials for Trade Secret Theft Requesting 99.99 Million RMB
On August 14, 2025, Beijing E-Town Semiconductor Technology Co., Ltd. (北京屹唐半导体科技股份有限公司) announced in a filing with the Shanghai Stock Exchange (SSE) that the Beijing Intellectual Property Court has accepted its complaint against Applied Materials (AMAT) for trade secret infringement and appropriating patent application rights. E-Town is requesting damages of 99.99 million RMB. E-Town alleges that AMAT hired two of its subsidiary’s employees and then filed a patent application disclosing its trade secrets with the Chinese National Intellectual Property Administration. E-Town …
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