Chinese company charged with stealing trade secrets from US chipmaker

US Attorney General Jeff Sessions announced charges Thursday against Chinese and Taiwan companies for alleged theft of business secrets from US chip giant Micron.

The US Justice Department on Thursday swung hard at China with a one-two punch intended to counter industrial espionage. First, the agency unveiled charges against Chinese and Taiwanese companies and individuals for allegedly stealing trade secrets related to semiconductor technology. That case involves Idaho-based Micron Technology. Second, Attorney General Jeff Sessions announced an initiative to address Chinese cyberattacks and corporate spying on US companies.  ‘Chinese economic espionage against the United States has been increasing — and it has been increasing rapidly,’ Sessions said in a statement. ‘We are here today…

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