Hongjin Tan was arrested in 2018 and pleaded guilty last year to stealing trade secrets. FMTNews China
The the next-generation battery technology Tan was accused of stealing is valued at more than US$1 bil.
Hongjin Tan, 36, a Chinese national and permanent legal resident of the United States, was arrested in December 2018 and pleaded guilty in November of last year to stealing trade secrets. The market value of the next-generation battery technology Tan was accused of stealing was more than US$1 billion, the Justice Department said in a statement.
FBI special agent Melissa Godbold said “American companies invest heavily in advanced research and cutting-edge technology”.“It takes profits away from companies and jobs away from hard-working Americans.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese city offers US$1,400 reward to patients who self-report infectionsQianjiang has reported a total of 197 cases and is stepping up efforts to contain the virus. FMTNews
Read more »
US senator warns of corruption amid opening of Chinese loan marketTrade deal enables US financial firms to acquire non-performing loans directly from Chinese banks. FMTNews Senator
Read more »
US health expert: China's efforts against COVID-19 encouragingNEW YORK, Feb. 26 (Xinhua) -- China's efforts to combat the novel coronavirus (COVID-19) are encouraging in several aspects, a leading public health expert has said.
Read more »
US braces for coronavirus spread as outbreaks worsen in Italy, IranCORONAVIRUS | Iran's deputy health minister and a lawmaker have both tested positive for Covid-19.
Read more »
Saudi IPO nets US$2.3 bil for one of world’s richest doctorsAl Habib Medical Group is one of the biggest healthcare providers in the Middle East. FMTN IPO Doctor ews
Read more »
Ringgit opens lower against US dollarDomestic political turmoil continues to hurt local note. FMTNews Ringgit USDollar
Read more »