Chinese microchip exec accused of spying, stealing trade secrets

Ireland News News

Chinese microchip exec accused of spying, stealing trade secrets
Ireland Latest News,Ireland Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

A former microchip executive is accused of stealing trade secrets and technology from a Dutch chip manufacturer and transferring it to China where he now lives.

A Dutch company that manufactures cutting-edge semiconductor circuits has accused one of its former employees of stealing its technology on behalf of aZongchang Yu worked at ASML until 2012 and went on to found Dongfang Jingyuan in China two years later. Now, he’s wanted in California on charges ofASML employees pose in front of the partially completed frame of the company?s newest product in Veldhoven, Netherlands, in January 2022, in this handout picture released by ASML.

The company is prohibited from selling its advanced machines to China, leaving the country to rely on older technology and struggle to stay competitive in the global economy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rangers’ return in Joey Gallo trade becoming more of a steal after Ezequiel Duran’s debutRangers’ return in Joey Gallo trade becoming more of a steal after Ezequiel Duran’s debutARLINGTON — Someday, and that day seems to be coming sooner rather than later, Joey Gallo may be remembered with other Dallas-Fort Worth pro sports greats....
Read more »

Connecticut thieves steal $30K in rare coins, cash: PoliceConnecticut thieves steal $30K in rare coins, cash: PolicePolice in Connecticut are searching for two suspects they said stole more than $30,000 in rare coins and cash from a dealer they followed from a trade show.
Read more »

Elon Musk’s Tesla layoffs ‘worst’ announcement ‘in history,’ tech analyst saysElon Musk’s Tesla layoffs ‘worst’ announcement ‘in history,’ tech analyst saysCoinDesk exec Pete Pachal provided insight into Tesla CEO Elon Musk cutting 10% of its salaried workforce on FOX Business' 'Mornings with Maria.'
Read more »

Kathryn Hahn to Star in ‘Tiny Beautiful Things’ Series for HuluKathryn Hahn to Star in ‘Tiny Beautiful Things’ Series for HuluThe eight-episode drama, based on the book by Cheryl Strayed, reunites the streamer with ‘Little Fires Everywhere’ showrunner Liz Tigelaar and exec producer Reese Witherspoon.
Read more »

$1 billion has been lost in cryptocurrency scams since 2021, FTC warns$1 billion has been lost in cryptocurrency scams since 2021, FTC warnsCryptocurrency scammers have stolen over $1 billion from 46,000 people since the start of 2021, a new Federal Trade Commission report says.
Read more »



Render Time: 2025-03-07 11:03:02