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China's national internet emergency response centre said on Wednesday it had found and dealt with two incidents of U.S. cyber attacks on Chinese tech firms to "steal trade secrets" since May 2023.
On January 6, 2022, Xiang Haitao, 44, pleaded guilty to stealing proprietary software developed by Monsanto to help farmers improve crop yields. [99] On April 7, 2022, he was sentenced to 29 months in prison, followed by three years of supervised release, and was fined $150,000 for conspiracy to commit economic espionage. [100]
On Sunday, police said they had arrested 77 people involved in 35 cases of suspected industrial espionage in a nationwide investigation over the past four months.
Beijing confirmed Friday that a longtime British businessperson in China was sentenced to five years in prison in 2022 on an espionage charge. Ian J. Stones was convicted of being bought off to ...
According to Bloomberg Law, foreign-related cases accounted for 10% of the total caseload of China's Intellectual Property Court of the Supreme People's Court in 2020, 2021, and 2022, with an annual increase of 45.6%. [23] About 57.4% of these cases involved patent infringement disputes. [23]
Industrial espionage, also known as economic espionage, corporate spying, or corporate espionage, is a form of espionage conducted for commercial purposes instead of purely national security. [ 1 ] While political espionage is conducted or orchestrated by governments and is international in scope, industrial or corporate espionage is more often ...
Mr Choi had already been the subject of an industrial espionage trial since July 2023 that underscored South Korea‘s attempts to fight industrial espionage and slow China‘s progress in chipmaking.
It was set in motion by the Department of Justice (DOJ) under then-US President Donald Trump's first Attorney General Jeff Sessions in November 2018, with the goal of preventing industrial espionage. The China Initiative was one of Session's last actions as the official Attorney General of the US, in which the DOJ promised aggressive pursuit of ...