US Attorney General Jeff Sessions announced charges Thursday against Chinese and Taiwan companies for theft of an estimate USD 8.75 billion worth of trade secrets from US semiconductor giant Micron.
Sessions said the case was the latest in a series that are part of a state-backed program by Beijing to steal US industrial and commercial secrets.
"Taken together, these cases and many others like them paint a grim picture of a country bent on stealing its way up the ladder of economic development and doing so at American expense," Session said.
"This behavior is illegal. It is wrong. It is a threat to our national security. And it must stop."
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