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US Accuses China, Taiwan Firms With Stealing Secrets From Chip Giant Micron (yahoo.com)

US Attorney General Jeff Sessions announced charges Thursday against Chinese and Taiwan companies for theft of an estimate $8.75 billion worth of trade secrets from US semiconductor giant Micron. From a report: Sessions said the case was the latest in a series that are part of a state-backed program by Beijing to steal US industrial and commercial secrets. "Taken together, these cases and many others like them paint a grim picture of a country bent on stealing its way up the ladder of economic development and doing so at American expense," Session said. "This behavior is illegal. It is wrong. It is a threat to our national security. And it must stop." The indictment released in the US district court in San Jose, California alleges that Chinese state-owned Fujian Jinhua Integrated Circuit Co. and privately owned United Microelectronics Corporation of Taiwan, along with three UMC executives, conspired to steal Micron trade secrets to help UMC and Fujian Jinhua develop DRAM chips used in many computer processors. It said the three Taiwanese men -- Stephen Chen Zhengkun, He Jianting and Kenny Wang Yungming -- all previously worked at Micron and stole its technology when they joined UMC with the express purpose of transferring it to Fujian Jinhua, a two-year-old firm. Chen was originally a top executive at Micron, then moved to lead UMC, and subsequently became president of Fujian Jinhua.

3 of 99 comments (clear)

  1. Re: IT WAS RUSSIA by Anonymous Coward · · Score: 0, Insightful

    But, but, BUT OBAMAH!!

    Buttery males!

    Ahhh, the squeal of a well-trained NPC.

    MSM: Here's something bad Trump did, you need to trust us. We're impartial?
    Commentor: Trust? Impartial? Really? When Obama did that, you hid it, so no, we can't trust you because you're not impartial. (See Obama pic with Louis Farrakhan...)
    NPC: WHATABOUTISM!!!!!

    It's getting old.

  2. Re:It's time to shoot Fox News faggots in the face by DCFusor · · Score: 3, Insightful

    Ah yes, demonstrating once again that the left/progressives are "the religion of peace". Troll.

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    Why guess when you can know? Measure!
  3. What did the US expect? by AHuxley · · Score: 4, Insightful

    When it opened tech production line in Communist China in the 1980's-1990's?
    That it was all going to be union free low cost Communist labor for decades making low tax computer parts?
    The USA could have kept its tech production lines secret in low tax Ireland, secure in low tax parts of the USA, even opened up in Northern Ireland with a huge UK tax "considerations" just for creating local jobs.

    The US gov allowed its tech brands to set up in China and now finds the Communist took the best US tech?

    Don't build your tech factories in Communist nations and your tech will stay secure.
    Lots of normal nations wanted US tech jobs and would have totally respected and supported all USA security just to get their work force new US tech production line factory work.

    What did generations of US govs allow? Allow US brands to give away US secrets to Communist China with every new generation of tech investment.
    Was the US brands ingratiation with a Communist party worth it now all the US secrets are lost?
    Was a few MI6 and CIA "business" spy fronts deep in China worth the total loss of generations of US tech secrets to China?

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    Domestic spying is now "Benign Information Gathering"