Three Taiwanese nationals have also been charged for the theft and transfer of documents valued between US$400 million and US$8.75 billion
Taiwan News
Date: 2018/11/02
By: Duncan DeAeth, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – The United States Department of Justice (DOJ) has formally
US Attorney General Jeff Sessions (By Associated Press)
announced charges against three individuals and two companies, one Chinese and one Taiwanese, alleging the theft of trade secrets from the American computer chip company Micron.
The Chinese company Fujian Jinhua, and its Taiwanese partner, United Microelectronics Corporation (UMC) have been identified by the DOJ and charged with conspiring to illegally transfer designs and program information for Micron DRAM chips, produced by the Idaho-based company.
The three individuals named in the indictments are Stephen Chen, JT Ho, and Kenny Wang, who are all former employees of a Micron subsidiary based in Taiwan. After leaving Micron all three individuals entered employment with UMC where the confidential trade secrets were transferred to China, according to the DOJ indictment.
The companies and the individuals are charged with “conspiracy to commit economic espionage, conspiracy to commit theft of trade secrets, and receiving and possessing stolen trade secrets.” [FULL STORY]