KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
Key Takeaways
TSMC, the world’s leading chip foundry, will begin marketing its proprietary trade secret registry system to suppliers and partners in Europe and the US.
The system, developed in 2013, is already adopted by 20 Taiwanese firms, including ASE Technology Holding Co.
It integrates with HR and IT platforms, using AI analytics to monitor projects, manage joint R&D, and identify key talent.
TSMC currently has over 610,000 trade secrets logged into the system.
The move aims to strengthen supplier innovation culture while reinforcing TSMC’s competitive advantage.
Despite strong cybersecurity measures, TSMC recently faced a theft case, underscoring the risks tied to safeguarding proprietary technologies.
Strategic Implications
TSMC’s decision to commercialise its trade secret management platform reflects a broader push to safeguard intellectual property while fostering innovation. By encouraging suppliers and ecosystem partners to adopt the system, TSMC is effectively building a standardised IP management framework, which could:
Enhance supply chain resilience through stronger IP protection.
Promote more systematic innovation sharing across its ecosystem.
Provide legal advantages by simplifying evidence retrieval during IP disputes.
Cybersecurity Considerations
TSMC has emphasised encryption and secure archiving as core safeguards against potential hacking attempts. Nevertheless, the company’s acknowledgement of a recent theft highlights the persistent risks in protecting high-value trade secrets, especially in an industry increasingly targeted by cyber threats.
Market Outlook
With global semiconductor supply chains under scrutiny, TSMC’s initiative could set a precedent for IP management standards in the tech sector. Beyond strengthening its ecosystem, the move may generate new revenue opportunities if widely adopted abroad. For investors, this underlines TSMC’s strategy of leveraging internal capabilities into external market solutions, complementing its position as the world’s most advanced chipmaker.
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