Slashdot Mirror
Feds Bust Chinese Firm's Hybrid Car Data Heist
coondoggie writes "An FBI investigation has led a Michigan couple to be charged with stealing hybrid car information from GM to use in a Chinese auto outfit. A federal indictment charged Yu Qin, aka Yu Chin, 49, and his wife, Shanshan Du, aka Shannon Du, 51, of Troy, Michigan with conspiracy to possess trade secrets without authorization, unauthorized possession of trade secrets, and wire fraud. One of the individuals was also charged with obstruction of justice, said Barbara McQuade, United States Attorney for the Eastern District of Michigan in a statement. GM estimates that the value of the stolen documents is over $40 million."
Yu got served.
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Umm, don't we want China to steal all the GM tech they possibly can, so they won't be competitive either?
sooner or later this "secret" would have ended up at the chinese manufacturing plant.
No, they would be busting the US (and other entities) of their segment of the Chinese and Asian markets.
For instance, Buick is a huge brand in China
The Japanese arent stupid enough to let it happen. Only in America do we open our doors to anyone and give everything away.
"Men willingly believe what they wish." - Julius Caesar
They have 6x the number of research papers because they give grants to the people who write the most papers without regard for quality. The result is for every legitimate paper, there's 100 that are outright wrong, plagarized (we know their ideas about sharing information), or don't have any original research.