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U.S. Charges UMC, Fujian Jinhua With Technology Theft
By Dylan McGrath, Nov. 02, 2018 –
SAN FRANCISCO :The U.S. government unsealed a criminal indictment against Taiwanese foundry UMC and Chinese DRAM maker Fujian Jinhua Integrated Circuit Co., charging them with conspiracy to steal intellectual property from Micron Technology.
The move signals the opening of a significant new front in the ongoing battle between the U.S. and China over trade and China's industrial practices, particularly in regard to the semiconductor industry.
The U.S. Justice Dept. announced Thursday that a federal grand jury in San Francisco indicted state-owned Fujian Jinhua as well as UMC and three Taiwanese nationals, charging them with conspiracy to steal DRAM technology from Micron. The indictment was filed on Sept. 27 and unsealed Thursday.
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