Trump administration charges Chinese companies with spying on U.S.

US-CHINA-POLITICS-THEFT-COMPUTERS-MICRON

China challenged the United States Friday to show evidence to support charges that Beijing backed a scheme by Chinese and Taiwanese companies to steal trade secrets from a US-based semiconductor firm.

The indictment sates Wang downloaded over 900 Micron confidential and proprietary files before he left MMT and stored them on USB external hard drives or in personal cloud storage in order to access them while working for UMC. He moved in 2015 to lead UMC, a contract chip manufacturer listed on the New York Stock Exchange, and subsequently became president of Fujian Jinhua.

Last week, the Commerce Department imposed sanctions on Fujian Jinhua.

The indictment alleges that China was interested in gaining access to dynamic random-access memory, or DRAM, a type of technology it did not possess. The Department of Justice (DOJ) has also initiated a civil case in the Northern District of California.

The prosecution comes amid heightened trade tensions between China and the United States, and as American officials raise alarms about the threat of Chinese economic espionage.

China has continued hacking USA companies despite a 2015 agreement between Chinese president Xi Jinping and President Barack Obama that banned government spying on industries, Sessions said at a press conference on Thursday. Micron is the only United States-based company that manufactures DRAM.

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"The reciprocal trading system that has existed between the US and China can endure only on the basis of mutual respect for the rule of law, including fair trials and the enforcement of property rights". The grand-jury indictments were announced on November 1, along with an initiative to counter what the agency called a growing threat of industrial espionage led by the Chinese government.

The attorney general also disclosed that a grand jury had issued an indictment in a new case of alleged Chinese economic espionage.

The state-owned firm named in the indictment, Fujian Jianhua, is a Chinese semiconductor manufacturer that was already targeted by the U.S. earlier this week when authorities slapped a ban on USA exports to the company.

According to the indictment, the defendants were engaged in a conspiracy to steal the trade secrets of Micron Technology, Inc.

According to a 2017 report by the US trade representative's office, Chinese theft of USA intellectual property costs the US between $225 billion and $600 billion annually.

Wang and Ho were indicted by Taiwanese authorities on the same charges in September of 2017, along with UMC.

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(UMC) said Friday it takes the US trade secrets theft charges leveled against the company seriously and will do everything possible to clear its name. While the focus has been on hackers from Russian Federation and Iran, the United States also views China as a major cybersecurity threat.

The attorney general said the problems posed by the Chinese government must be solved.

The administration has characterized China, along with Russian Federation, as a strategic competitor of the United States.

The Justice Department also filed a civil lawsuit that seeks to enjoin the transfer of stolen trade secrets in the case and to prevent the defendants from transferring information stolen in the case.

"We are committed to continuing to work closely with our federal, state, local, and private sector partners to counter this threat from China". The U.S. has taken an increasingly confrontational stance toward what it characterizes as China's "predatory" economic policies.

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