US accuses 3 Taiwanese engineers of stealing Micron secrets for China

TAIPEI (Taiwan News) — In the first enforcement of Trump's "China initiative," a U.S. federal court has issued arrest warrants for three Taiwanese nationals accused of stealing tra...

Chinese professor convicted of stealing trade secrets from US firms

TAIPEI (Taiwan News) — The U.S. Department of Justice announced the conviction of Zhang Hao (張浩), who stole trade secrets from two U.S. tech companies and enabled China's Tianjin University ...

Man convicted of stealing high tech trade secrets for China

SAN JOSE, Calif. (AP) — A federal judge has convicted a Chinese national of economic espionage, stealing trade secrets and engaging in a conspiracy for the benefit of his country's government. ...

Taiwan's UMC faces NT$100 million fine in espionage case against Micron

United Microelectronics Corp. (UMC), Taiwan's second largest pure wafer foundry operator, has been ordered to pay a fine of NT$100 million (US$3.36 million) by a district court in Taichung City wh...

AmCham Taipei improves multiple investment issues in Taiwan

TAIPEI (Taiwan News) — The American Chamber of Commerce (AmCham) in Taipei announced Wednesday (June 10) that a number of issues raised in the 2019 Taiwan White Paper have been improved. AmCh...

Iran FM: Scientist acquitted in US trade secrets case freed

TEHRAN, Iran (AP) — An Iranian scientist imprisoned in the U.S. after being acquitted in a federal trade secrets case is on his way back to Iran after being freed, the country's foreign minister said ...

White House report blasts Chinese 'malign activities'

WASHINGTON (AP) — Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House on Wednesday issued a broad-scale attack on Beijing's predatory economic policies...

Arkansas professor accused of not disclosing ties to China

LITTLE ROCK, Ark. (AP) — The University of Arkansas has suspended an electrical engineering professor without pay after he was arrested on an allegation that he failed to disclose that he had close ti...

Chinese investment in US drops to lowest level since 2009

WASHINGTON (AP) — China’s direct investment in the United States fell last year to its lowest level since the Great Recession, even before the coronavirus pandemic shut down much of global commerce. ...

China's Huawei says '19 sales up 19% despite U.S. sanctions

BEIJING (AP) — Chinese tech giant Huawei said Tuesday its sales of smartphones and other products grew by double digits last year despite U.S. sanctions but warned it now faces a “more complicated” gl...

Chinese national sentenced to prison for trade secrets theft

TULSA, Okla. (AP) — A Chinese national who admitted stealing trade secrets from a U.S. petroleum company has been sentenced to two years in federal prison. Hongjin Tan, 36, pleaded g...

Taiwan's TSMC faces possible impact from US-Huawei clash

TAIPEI (Taiwan News) — U.S. President Donald Trump is considering cutting Chinese telecom giant Huawei Technologies off from global chip suppliers, including Taiwan Semiconductor Manufacturing C...

US brings new charges against Chinese tech giant Huawei

WASHINGTON (AP) — The Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company in a brazen scheme to steal trade secrets...

US charges 4 Chinese military members in Equifax breach

WASHINGTON (AP) — Four members of the Chinese military have been charged with breaking into the networks of the Equifax credit reporting agency and stealing the personal information of tens of m...

Business Highlights

—- Trump's $4.8 trillion budget proposal revisits rejected cuts WASHINGTON (AP) — President Donald Trump is offering a $4.8 trillion election year budget plan that ...