All articles tagged with #technology theft
Two former employees of TSMC and a third suspect have been arrested in Taiwan for allegedly stealing proprietary technology, marking the first case under Taiwan’s national security law aimed at protecting key technologies in the competitive semiconductor industry, with TSMC emphasizing its commitment to safeguarding trade secrets amid ongoing legal battles and technological advancements.
TSMC, the world's largest chipmaker, has detected unauthorized activities indicating potential trade secret leaks, possibly involving former employees attempting to access proprietary information on advanced 2-nanometer chips. The company has taken disciplinary and legal actions, emphasizing its zero-tolerance policy for such violations amid heightened geopolitical and technological competition.
Chenguang Gong, a former engineer and U.S. citizen, was arrested for allegedly stealing trade secret technology developed by the U.S. government to detect nuclear missile launches and track ballistic and hypersonic missiles. He is accused of transferring thousands of files from his work laptop to personal storage devices and sharing sensitive information with China. If convicted, he could face up to 10 years in federal prison. The Department of Justice emphasized the economic and national security risks posed by the theft, and highlighted Gong's previous attempts to provide China with sensitive information.
Arkansas Governor Sarah Huckabee Sanders and Attorney General Tim Griffin have announced that the state will force the China National Chemical Company to divest its land holdings in Arkansas, making it the first state to take such action against a Chinese company. The move is aimed at preventing the theft of American research and technology, as seeds are considered valuable technology. The company, which owns Northrop King Seed Company, has two years to divest its 160-acre land holdings, valued at $1.12 million. Failure to comply will result in enforcement action and fines.
The US Justice Department has filed criminal charges against five people accused of stealing or illegally diverting American technology and materials for the Russian, Chinese, and Iranian governments. The cases are the first enforcement actions by the department’s Disruptive Technology Strike Force, which aims to counter efforts by “hostile nation-states” to illegally acquire sensitive US technology. The charges include theft of trade secrets, fraud conspiracy, and smuggling. Four arrests were made, but some defendants remain at large.
The US Justice Department has charged a former Apple engineer with attempting to steal the company's technology related to autonomous systems, including self-driving cars, and then fleeing to China. The case was among five announced on Tuesday aimed at countering alleged efforts to illicitly acquire American technology by nations including Russia, Iran and China. Two of the cases involved what Justice Department officials called procurement networks created to help Russia's military and intelligence services obtain sensitive technology.