cageymaru
Fully [H]
- Joined
- Apr 10, 2003
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The U.S. Justice Department has charged three Taiwanese nationals and United MIcroelectronics Corp (UMC) in addition to Chinese state-owned Fujian Jinhua Integrated Circuit Co. with stealing intellectual property from the U.S. largest memory maker, Micron Technology Inc. Attorney General Jeff Sessions denounced China for not honoring the agreement between the U.S. and China that stipulated that China will not "target American companies for economic gain," Mr. Sessions said. "Obviously, that commitment has not been kept." Jinhua has already been dealt a death blow as it is blocked from receiving exports and technology from American companies. Thanks workshop35 !
Also on Thursday, Mr. Sessions announced a new "China initiative" to better combat theft of trade secrets, bribery, illegal foreign lobbying and business deals that could give foreign investors access to critical U.S. technology. Mr. Sessions said that as part of the initiative, a new working group of Justice Department officials, including the top federal prosecutors from districts in California, Texas and other states, would increase law-enforcement engagement with U.S. universities, where the Justice Department believes Chinese Communist party initiatives target technology and threaten academic freedom.
Also on Thursday, Mr. Sessions announced a new "China initiative" to better combat theft of trade secrets, bribery, illegal foreign lobbying and business deals that could give foreign investors access to critical U.S. technology. Mr. Sessions said that as part of the initiative, a new working group of Justice Department officials, including the top federal prosecutors from districts in California, Texas and other states, would increase law-enforcement engagement with U.S. universities, where the Justice Department believes Chinese Communist party initiatives target technology and threaten academic freedom.