Saturday, 3 November 2018

China challenges US to provide 'evidence' in trade secrets case

China challenges US to provide 'evidence' in trade secrets caseChina challenged the United States Friday to show evidence to support charges that Beijing backed a scheme by Chinese and Taiwanese companies to steal trade secrets from a US-based semiconductor firm. US Attorney General Jeff Sessions accused the companies on Thursday of stealing an estimated $8.75 billion worth of know-how from semiconductor giant Micron. The Justice Department unveiled criminal charges against Chinese state-owned Fujian Jinhua Integrated Circuit Co., and United Microelectronics Corporation (UMC) of Taiwan, along with three UMC officials.




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