ASML discloses IP theft incident by former employee in China

ASML Holding NV, a top supplier of semiconductor manufacturing equipment, on Wednesday disclosed that it had recently discovered the "misappropriation" of confidential information by a now-dismissed employee in China.

"Based upon our initial findings, we do not believe that the misappropriation is material to our business," the company said in a statement, adding that it had informed relevant authorities of the incident.

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