Micron is the first battleground for Intellectual Property theft by China.

Discussion in 'Stock Market' started by MarathonMike, Jul 5, 2018.

  1. MarathonMike
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    MarathonMike Platinum Member

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    The uglier side of the trade skirmishes going on is the fact that China does engage in state sponsored theft of IP from American companies and the Micron case may be the first test case. There is significant evidence that Micron's leading designers were lured to rival Taiwanese company UMC and encouraged to steal any and all info they could. That is why Micron initiated a lawsuit against UMC. UMC countered and not surprisingly a Chinese court ruled in favor of them. This is BIGGER than any tariff because China's goal is to be self sufficient in semiconductors and their method of getting there is stealing our trade secrets that took many years and the brilliance of American engineers to develop.
    China’s Found the Perfect Patsy to Tackle U.S. Chipmakers
     
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  2. shockedcanadian
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    shockedcanadian Platinum Member

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    Commie SOB's.

    They have a major advantage because like most socialist governments, they don't have innovation, so there's nothing for the U.S to steal.

    Hit these sob's with tariffs and return industries back to America, this is the minimum response. Hit their communist hierarchy in the wallet.
     
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  3. MarathonMike
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    MarathonMike Platinum Member

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    The main point is HIT THEM because if you don't they will keep doing their slimy state sponsored theft, court ordered temporary bans and worse. China is the classic wolf in sheep's clothing, they put up the facade of an honorable world power but they are as down dirty and criminal as any banana republic.
     

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