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A history of espionage and theft of trade secrets demonstrates the necessity of concern. "Xiaoqing Zheng who holds dual-citizenship in the United States and Ch
by lenkite 5y ago
A history of espionage and theft of trade secrets demonstrates the necessity of concern.
"Xiaoqing Zheng who holds dual-citizenship in the United States and China, used elaborate and sophisticated methods to steal countless digital files containing trade secrets from General Electric regarding their wind turbine technology"
https://blog.twinstate.com/news/ge-trade-secrets-theft https://blog.twinstate.com/news/ge-trade-secrets-theft
Jizhong Chen and Xiaolang Zhang indicated in theft of trade secrets
https://www.cnbc.com/2019/12/09/apple-has-deep-concerns-that-ex-employees-accused-of-theft-will-flee-to-china.html https://www.cnbc.com/2019/12/09/apple-has-deep-concerns-that...
https://www.digpu.com/business-and-finance/chinese-man-jizhong-chen-stole-apples-future-car-secrets-for-company-in-china https://www.digpu.com/business-and-finance/chinese-man-jizho...
"According to today’s conviction, Xu attempted to steal technology related to GE Aviation’s exclusive composite aircraft engine fan – which no other company in the world has been able to duplicate – to benefit the Chinese state."
https://www.justice.gov/usao-sdoh/pr/jury-convicts-chinese-official-espionage-crimes-attempting-steal-trade-secrets https://www.justice.gov/usao-sdoh/pr/jury-convicts-chinese-o...
" A notable example is the 2014 lawsuit by T-Mobile, in which Huawei was accused of, among other conduct, sending an engineer to a T-Mobile facility to see "Tappy," the company's computer driven robot with a mechanical arm used to test smartphone screens to improve the reliability of its handsets. The engineer slipped one of the robot's fingertips into his laptop bag but was caught on camera"
https://www.mondaq.com/unitedstates/trade-secrets/1052104/the-china-pivot-closing-the-back-door-to-trade-secret-and-ip-theft https://www.mondaq.com/unitedstates/trade-secrets/1052104/th...
"A former associate scientist was sentenced to 24 months in federal prison in federal court today for stealing proprietary information worth more than $1 billion from his employer, a U.S. petroleum company."
https://www.justice.gov/opa/pr/chinese-national-sentenced-stealing-trade-secrets-worth-1-billion https://www.justice.gov/opa/pr/chinese-national-sentenced-st...
There are dozens of such visible cases. The vast majority of trade-secret theft is uncaught.