TAIPEI (Reuters) - Three HTC executives, arrested on suspicion of leaking trade secrets, were illegally passing on confidential technical information belonging to the Taiwanese smartphone maker to the government of Chengdu city in China, Next Magazine reported. In exchange for the information, the city government will pay for most of the set-up, operation and marketing costs of a company being established by HTC vice president of product design Thomas Chien, who led the design of HTC's flagship phone One, the weekly magazine said, citing prosecutors. ...

More...