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Lumileds Awarded $66m Damages in IP Theft Lawsuit Against ETI
Aug 20, 2018On 10 August, a jury of six men and six women rendered a verdict in favor of LED maker Lumileds LLC of San Jose, CA, USA, finding that a Chinese competitor stole trade secrets related to Lumileds core technology for making high-power LEDs ...
Tags: LED, LED technology
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Trans-Pacific Partnership Negotiation Completed
Oct 15, 2015On October 4, 2015, Ministers of the 12 Trans-Pacific Partnership (TPP) countries announced conclusion of their negotiations. The summary of the TPP Agreement is as follows: Disclaimer: The Following Summary of the Trans-Pacific ...
Tags: goods, services, trad, investment
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Chinese Government Agreed to Crack Down on Software and Other Piracy and to Take Steps
Jul 16, 2013Chinese government officials agreed to crack down on software and other piracy and to take steps to ensure that state-owned organizations use legal software. The commitments, reached during negotiations with U.S. government ...
Tags: Software
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About US$300 Billion Worth of Intellectual Property Is Stolen From The U.S. Every Year
May 28, 2013The U.S. government should bar foreign companies that repeatedly steal or use stolen U.S. intellectual property from selling their products in the country, a new report recommended. About US$300 billion worth of intellectual property is ...
Tags: US, Foreign Firms, Intellectual Property
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Chinese IT Outsourcing Industry May Face More Barriers
Feb 26, 2013China has for years been developing an IT outsourcing industry aimed at bringing in business from the U.S. and Europe. It has succeeded, but then again it hasn't thrived and now may face more barriers. China's IT and business process ...
Tags: China, IT outsourcing, outsourcing industry
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The US Faces a Growing Threat From Trade Secret Theft by Foreign Hackers
Feb 22, 2013The US faces a growing threat from trade secret theft by foreign hackers and needs to apply new legislation and diplomatic pressure in order to protect American businesses. That's what a White House spokesman told the press at an event to ...
Tags: US, trade secret theft, diplomatic pressure