Posted on 11/02/2018 10:12:20 AM PDT by E. Pluribus Unum
State-run Chinese company indicted for advanced semiconductor technology theft
Amid unfulfilled Chinese government promises not to spy on U.S. companies, Attorney General Jeff Sessions on Thursday announced a major initiative to counter multi-billion dollar theft of American technology from Chinese economic espionage.
"Chinese economic espionage against the United States has been increasing—and it has been increasing rapidly," Sessions said. "We are here today to say: enough is enough. We’re not going to take it anymore. It is unacceptable."
Sessions noted that in 2015, China stated publicly it would not target American companies for economic gain.
"Obviously, that commitment has not been kept. Just ask GE Aviation, or Trimble, of Sunnyvale, California," he noted.
As part of the crackdown, the Justice Department announced the indictment for the first time of a state-run Chinese company involved in a plot to steal advanced U.S. semiconductor technology.
(Excerpt) Read more at freebeacon.com ...
Hopefully not too little too late.
Watch the investigation lead to extensive dem campaign contribution schemes.
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