A Chinese state-owned company was charged with conspiring to steal trade secrets from U.S. chipmaker Micron Technology Inc. as the Justice Department steps up actions against China in cases of suspected economic espionage.
Fujian Jinhua Integrated Circuit Co. and Taiwan’s United Microelectronics Corp. were indicted in California along with three individuals, the Justice Department said Thursday. If convicted, each company faces a maximum fine of more than $20 billion, it said. The U.S. also sued to stop the companies from exporting to America any products that were created using the trade secrets.
