UNITED STATES (OBSERVATORY NEWS) — A Chinese scientist was sentenced to two years in prison for stealing $ 1 billion in trade secrets from an American oil company in which he worked. It is reported by the South China Morning Post.
Hongjin Tang, 36, pleaded guilty in November, saying he copied and downloaded service materials without the permission of his employer.
According to the Department of Justice, Tan worked at Phillips 66, where he developed the next-generation battery technology from June 2017 to December 2018.
In addition to imprisonment, Tang will have to pay $ 150,000 to Phillips 66.
“Unscrupulous people like Hongjin Tang are trying to steal American trade secrets to take them home to China so they can replicate our technology,” said Oklahoma District Attorney Trent Shores. He said the US authorities are ready to fight with “China’s economic aggression, which criminally threatens American industry.”
The United States has long been making claims to China regarding the theft of intellectual property and trade secrets , as well as the practice of forced technology transfer.
The first-phase trade agreement , signed by Washington and Beijing in January, provides for enhanced protection of intellectual property by China.
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