UMC the Next China Chip Embargo?
The DOJ last week released a previously sealed indictment against UMC, Jinhua and three individuals for stealing Micron trade secrets. The indictment is very damning of UMC with very specific semiconductor technology files that were stolen by UMC related people then passed on to Jinhua through its joint development with UMC.
DOJ UMC indictment link
The indictment clearly lays out that UMC and individuals were responsible for the actual theft and that Jinhua was the recipient of the stolen goods. Usually the thief is treated more harshly than the receiver of stolen goods. The only thing that has likely kept UMC off the embargo list for now is that they are Taiwan based and are probably cooperating as fast as they can for fear of being put out of business.
To be clear Jinhua/China is far from innocent as UMC was just their henchmen.
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