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Chinese businessman plotted with GE insider to steal transistor secrets, say Feds
A Chinese businessman has been accused by the US government of trying to steal silicon secrets from General Electric (GE).
Chi Lung Winsman Ng, 64, who lives in Hong Kong, has been charged with conspiring to pilfer sensitive information on the American giant’s silicon carbide MOSFET transistors; a technology he told potential investors was worth $100m.
The FBI alleges that between March 2017 and January 2018, Ng and “at least one co-conspirator” – a GE engineer of more than seven years – plotted to swipe the blueprints for the transistor, which are electronic components typically found in industrial equipment and vehicles that regulate the flow of electricity. The duo planned to use the stolen trade secrets to set up a competitor in China, it’s claimed.
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