A New York man on Tuesday was sentenced to two years in prison for conspiring to steal General Electric Co’s (GE) trade secrets to benefit China, the US Department of Justice said.
Zheng Xiaoqing (鄭小清), 59, of Niskayuna, New York, was convicted of conspiracy to commit economic espionage following a four-week jury trial that ended in March last year, the department said.
US District Judge Mae D’Agostino also sentenced Zheng to pay a US$7,500 fine and serve one year of post-imprisonment supervised release.
US officials have said the Chinese government poses the biggest long-term threat to US economic and national security, and is carrying out unprecedented efforts to steal critical technology from US businesses and researchers.
China denies the allegations.
Zheng was employed at GE Power in Schenectady, New York, as an engineer specializing in turbine sealing technology. He worked at GE from 2008 until the summer of 2018, the department said.
The trial evidence showed Zheng and others in China conspired to steal GE’s trade secrets surrounding its ground-based and aviation-based turbine technologies to benefit China, including China-based companies and universities that research and manufacture parts for turbines, the department added.
“This is a case of textbook economic espionage. Zheng exploited his position of trust, betrayed his employer and conspired with the government of China to steal innovative American technology,” said Assistant Attorney General Matthew Olsen of the department’s National Security Division.
The US had accused the former GE engineer and another Chinese businessman, named Zhang Zhaoxi, in 2019 of stealing secrets and spying on GE to aid China. Zheng had pleaded not guilty at the time.
A US federal court in Cincinnati in November sentenced a Chinese national to 20 years in prison after he was convicted of plotting to steal trade secrets from several US aviation and aerospace companies.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary