US charges Chinese, Taiwan co.'s with trade theft
Nov. 1 US SESSIONS CHINA ESPIONAGE
http://www.aparchive.com/metadata/youtube/9219b74ee51a246cb77860fe59606c23
-
Injunction against Misappropriation of Trade Secrets
https://www.pacermonitor.com/public...a_v_United_Microelectronics_Corporation_et_al
Up to $8.8 billion worth of patented American technology was stolen by a Chinese
state-owned company and its Taiwanese partner, according to United States Justice
Department charges unsealed this month.
The victim was the Idaho-based Micron Technology Inc.,
the U.S.’s largest memory-chip manufacturer.
Over the years, Micron has invested billions of dollars to develop dynamic random-access
memory microchips, or dram chips. These are vital components of most electronics, such as
smartphones, cars, and tvs, and Micron is America’s only dram chip maker.
China has, for years, bought Micron’s dram chips for use in its electronics. But in 2016, the
Chinese government said weaning itself off dependence on foreign technology, partly by
making its own dram chips, was a national security priority.
-
John Demers, assistant attorney general for national security with the Justice Department,
said the scale of the threat is “both impressive and frightening.” Chinese operatives are
“methodical, persistent and well resourced,” he said. “It’s a concerted effort to steal and
gather the know-how to produce technology.”
Precious secrets regarding jet engines, wind turbine technology, bio-pharmaceutical pro-
ducts and genetically modified rice are among those that China has been caught stealing,
or attempting to steal. And even when China’s operatives are caught and prosecuted,
the nation’s leadership is undeterred. “They don’t care if they get caught or if people
go to jail,” Bennett said. “As long as it justifies their ends, they are not going to stop.”
-
President Donald Trump has slapped tariffs on $50 billion worth of Chinese goods,
taking aim at China's theft of US intellectual property.
Altogether, China’s intellectual property thefts cost the U.S. between $225 billion and
$600 billion each year. On the high end of that estimate, that is $1,870 each year for
every man, woman and child in the United States—each year.
https://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html
"China has sought to acquire US technology by any means, licit or illicit, ......"
Chuck Schumer discussed last year the endemic problem of China stealing American
intellectual property, saying, “China continues to steal our family jewels, the things
that have made America great: the intellectual property, the know-how in the highest
-end industries. It makes no sense.”
Nov. 1 US SESSIONS CHINA ESPIONAGE
http://www.aparchive.com/metadata/youtube/9219b74ee51a246cb77860fe59606c23
-
Injunction against Misappropriation of Trade Secrets
https://www.pacermonitor.com/public...a_v_United_Microelectronics_Corporation_et_al
Up to $8.8 billion worth of patented American technology was stolen by a Chinese
state-owned company and its Taiwanese partner, according to United States Justice
Department charges unsealed this month.
The victim was the Idaho-based Micron Technology Inc.,
the U.S.’s largest memory-chip manufacturer.
Over the years, Micron has invested billions of dollars to develop dynamic random-access
memory microchips, or dram chips. These are vital components of most electronics, such as
smartphones, cars, and tvs, and Micron is America’s only dram chip maker.
China has, for years, bought Micron’s dram chips for use in its electronics. But in 2016, the
Chinese government said weaning itself off dependence on foreign technology, partly by
making its own dram chips, was a national security priority.
-
John Demers, assistant attorney general for national security with the Justice Department,
said the scale of the threat is “both impressive and frightening.” Chinese operatives are
“methodical, persistent and well resourced,” he said. “It’s a concerted effort to steal and
gather the know-how to produce technology.”
Precious secrets regarding jet engines, wind turbine technology, bio-pharmaceutical pro-
ducts and genetically modified rice are among those that China has been caught stealing,
or attempting to steal. And even when China’s operatives are caught and prosecuted,
the nation’s leadership is undeterred. “They don’t care if they get caught or if people
go to jail,” Bennett said. “As long as it justifies their ends, they are not going to stop.”
-
President Donald Trump has slapped tariffs on $50 billion worth of Chinese goods,
taking aim at China's theft of US intellectual property.
Altogether, China’s intellectual property thefts cost the U.S. between $225 billion and
$600 billion each year. On the high end of that estimate, that is $1,870 each year for
every man, woman and child in the United States—each year.
https://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html
"China has sought to acquire US technology by any means, licit or illicit, ......"
Chuck Schumer discussed last year the endemic problem of China stealing American
intellectual property, saying, “China continues to steal our family jewels, the things
that have made America great: the intellectual property, the know-how in the highest
-end industries. It makes no sense.”
