The other two nationals are also former Micron employees.According to the indictment, the Taiwanese nationals downloaded more than 900 confidential files from Micron. Those trade secrets are now worth nearly $9 billion, the agency said.The indictment was filed Sept. 27 and unsealed Thursday. The Justice Department also filed a civil lawsuit to stop the trade secrets in question from spreading, Sessions said.Those trade secrets center on a technology known as DRAM (dynamic random access memory), which these Chinese companies didn't have until the data theft, prosecutors said.If convicted, each individual faces up to 15 years in prison and a $5 million fine.
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"We appreciate the US Department of Justice's decision to prosecute the criminal theft of our intellectual property," said Joel Poppen, Micron's senior vice president for legal affairs. "Micron has invested billions of dollars over decades to develop its intellectual property. The actions announced today reinforce that criminal misappropriation will be appropriately addressed."UMC said the allegations in the virtually the same as those included in a lawsuit Micron filed last year against UMC."UMC regrets that the US Attorney's Office brought these charges without first notifying UMC and giving it an opportunity to discuss the matter," UMC said in a statement.The China initiative
The US also views China as a major cybersecurity threat. China has continued hacking US companies despite a 2015 agreement between Chinese President Xi Jinping and then US President Barack Obama that banned government spying on industries, Sessions said during Thursday's press conference.
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The charges come as US officials and tech companies deal with election meddling from nation-states, including Russia, China and Iran. Outside of cyberattacks, countries are using social media to spread propaganda, an activity that Facebook and Twitter are actively trying to combat. Khusyaynova managed funds for Project Lakhta, handling a budget of more than $35 million between January 2016 and June 2018, prosecutors said. Between January and June this year, the project had a proposed budget of over $10 million. The group spent $12 million in 2016 and $12.2 million in 2017, according to the documents. The money was dedicated to spreading disinformation in the US through propaganda on social media. The efforts included the creation of Twitter accounts, paying trolls to post on Facebook, and logistics such as search engine optimization and graphics.