Governor Snyder's China ConnectionsAn American Company, NeoPhotonics, Morph's into a Chinese Company. It was well publicized during the election that Rick Snyder moved Gateway
Computer's manufacturing to China along with thousands of jobs but those were today's jobs. He has also given China technology, developed by American companies and Universities that will give China the edge to compete for tomorrow's jobs and is helping China build a superpower military. Rick Snyder's venture capital company, Ardesta, bought a telecommunications technology company named NeoPhotonics. This company was rich in technology patents but with little manufacturing. Rick Snyder merged this company with one in China, which essentially changed an American Technology Company into a Chinese one. MORE HERE Discera is Exporting Sensitive Military-Grade Technology to China? Discera is a technology start up company based upon research conducted at the University fo Michigan, which was funded by the venture capital firm of Governor Rick Snyder known as Ardesta. Discera, Inc. specializes in the development, production, marketing and sales of a cutting edge technology known as MEMS oscillators. MEMS - microelectromechanical systems - refers to the extreme miniaturization of a variety of electromechanical components so they can be embedded in a silicon chip as part of an integrated circuit. One of those components is an oscillator, a device that generates a continuous electronic wave at a specified frequency that can be used in a wide range of commercial, industrial and military applications. MEMS oscillators are incredibly small, extremely accurate and highly shock resistant. These characteristics make them particularly useful in advanced timing applications. Because oscillators are used in both commercial products and military products like missiles and smart munitions, they are classified and regulated by the federal government as a "dual use" technology. Tight restrictions are placed on the export of military-grade technologies to China that could be used to improve their missile technology and space programs. Discera's MEMS oscillator technology was developed at the University of Michigan, with the assistance/subsidy of public funds (Defense Advanced Research Administration), and exclusively licensed to Discera, Inc. The license agreement between U-M and Discera provides for royalty payments, stock options and reimbursement of patent-related expenses to the university, which means U-M has a financial interest in the successful commercialization of the technology. MORE HERE |
Huawei's Work in Iran May Violate U.S. Sanctions, Lawmakers Say Read more
One of those business deals is to sell telecommunications equipment to the Republican Guards through a Chinese company named Huawei. Who is a major supplier to Huawei but our Michigan governor, Rick Snyder? Snyder's venture capital company, Ardesta, bought a San Jose company named NeoPhotonics. He then merged it with a Chinese company that was four times the size of the California company and partly owned by the Chinese government. Chinese NeoPhotonics now sells 53% of everything it makes to Huawei who in turn sell it to Iran in violation of worldwide sanctions. Governor Snyder has recenlty been to China to make deals. Are these deals going to benefit Michigan or are they going to benefit Snyder and China? Former Channel 7 investigative news reporter Vince Wade discusses the Chinese ties of Governor Rick Snyder.
This issue first arose during the gubernatorial debate between Rick Snyder and Virg Bernero. Snyder originally denied that his company, Discera, had any operations in China but the next day his campaign admitted they had opened an operation in China but that it was only a 5 person sales office. Vince wade gives a fuller picture of Governor Snyder's Chinese ties. |