Nortel was penetrated by hackers for decade: report
Bankrupt Canadian telecom company Nortel was penetrated for at
least a decade by hackers believed to have been operating from China, media reported. READ MORE
China Secrets Case Yields Indictment
A federal grand jury on Wednesday indicted a San Francisco Bay area couple on charges of conspiring to steal trade secrets from DuPont Co. and sell them to Chinese state-owned companies. The indictment said Walter Liew, 54 years old, and his wife, Christina Liew, 49, conspired to take confidential DuPont documents and used them to obtain more than $20 million in contracts from companies in China. READ MORE
A federal judge convicted a Chinese born American of stealing trade secrets
A federal judge convicted a Chinese-born American Wednesday of stealing trade secrets but acquitted her of more serious charges of corporate espionage at a trial in Chicago that highlighted fears about China pilfering U.S. company secrets.
Hanjuan Jin (HAHN'-wahn JEN') was accused of stealing confidential
information from a U.S. cellphone company knowing it'd likely end up with
China's military. READ MORE
Senator Stabenow Shines Spotlight on Chinese Attempt to Force Michigan Business Owner to
Hand Over Technology
Wayne Olsen, General Manager of R&B Electronics said: "I was shocked when we were told we had to turn over all of our technical product information and basically forfeit all of our rights if we wanted to sell in the Chinese market. There was no way we were going to agree to that. The Chinese are engaged in clear attempts to break trade laws and take American ideas to short-cut the development process. I am glad Senator Stabenow is standing up on behalf of Michigan manufacturers on this issue."
U.S. accuses China of instigating plot against DuPont
Federal authorities successfully kept a U.S. businessman in jail on
Wednesday ahead of his trial on charges relating to trade secret
theft, and argued that it was Chinese government representatives
who directed him to obtain valuable technology manufactured by
chemical giant DuPont. MORE
_Counterfeit military computer
chips are for sale in China.
Fake military computer chips are finding their way into the
military supply chain, posing a danger to the US military.
"U.S. worried about China industrial espionage activities during World's
U.S. to Share Cautionary Tale of Trade Secret Theft With Chinese Official
Senator John Kerry, chairman of the Senate Foreign Relations Committee and a Massachusetts Democrat, plans to raise personally with Mr. Xi the case of a company that saw 70 percent of its business evaporate last year after a Chinese partner enticed one of its employees to steal the crown jewel of its technology. READ MORE
_How China Is Stealing Our Secrets
China and other Asian countries already make most of our high volume
commodity products, so America must compete by inventing new products, new technologies, and new industries. President Obama in his state of the union speech summed up our competitive challenge when he said, "The only durable strength we have, the only one that can withstand these gale winds, is innovation." Read more
_Former Dow Scientist gets sentenced to 60 months in Prison for Stealing Trade Secrets and Perjury
Wen Chyu Liu came to study as a graduate student and stayed in America for his entire career at Dow Chemical but he decided to steal trade secrets from his former employer and return to China.Former Dow Research Scientist Sentenced to 60 Months in Prison for Stealing Trade Secrets and Perjury Former Dow Research Scientist Sentenced to 60 Months in Prison for Stealing Trade Secrets and Perjury Former Dow Research Scientist Sentenced to 60 Months in Prison for Stealing Trade Secrets and Perjury
_ Apple's Worst Nightmare Comes From an Unlikely Source.
Apple's iPhone is being copied blatantly by a Chinese competitor.
_Wind energy dispute may test U.S.-China IP resolve
A little-known dispute between a U.S. renewable energy company and its
Chinese customer over the theft of trade secrets could prove to be a
significant test of China's intellectual property laws, and the success of
Western companies in pursuing claims in China. Read more
_West needs big spenders like Sinopec despite perceived threat
This article argues that, despite the risks that American oil companies will
lose their proprietary technology to China, that it is worth the risk
because of the vast upside potential to develop Chinese natural gas
reserves. This is the kind of thinking that China has taken advantage of for
the last two decades. The risk is not worth the rewards and history has
proven that repeatedly. Read more
G.E. to Share Jet Tech with China in New Joint Venture
As China strives for leadership in the world’s most advanced industries, it sees commercial jetliners — planes that may someday challenge the best from Boeing and Airbus — as a top prize.
And no Western company has been more aggressive in helping China pursue that dream than one of the aviation industry’s biggest suppliers of jet engines and airplane technology, General Electric. STORY HERE
__IBM sold PC business to China for government favor admits CEO
_In 2004, I.B.M. sold its PC business to Lenovo of China. Mr. Palmisano says he deflected overtures from Dell and private equity firms, preferring the sale to a company in China for strategic reasons: the Chinese government wants its corporations to expand globally, and by aiding that national goal, I.B.M. enhanced its stature in the lucrative Chinese market, where the government still steers business. Read more
How China Steals U.S. Military Secrets
A spate of recent spying cases opens the lid on China's aggressive military buildup. What's most troubling: It is based largely on U.S. technology. By Simon Cooper
Read more :How China Steals U.S. Military Secrets - Popular Mechanics
A introduction to detecting and deterring an insider spy.
Thanks to the FBI for providing this info HERE