In a significant development United Microelectronics Corp (UMC) stated, it has pleaded guilty to trade secret theft in the United States, and will be paying a fine of $60 million and will cooperate with the prosecution of China’s Fujian Jinhua Integrated Circuit Co Ltd. Two years ago, the U.S. Department of Justice (DOJ) had indicted…
Canada has until midnight on Friday (0500 GMT Saturday) to announce its decision. On Friday, in a potentially significant development, Canada is expected to announce that the extradition hearing against Huawei Technologies Co Ltd’s Chief Financial Officer can proceed, opined legal experts. In December 2018, Canadian police had Meng Wanzhou, Huawei’s CFO in Vancouver at…
Here is how how China Energy Fund Committee guided a Chinese oil and gas company to secure lucrative contracts in Chad. In a development that underscores the methods used to gain contracts, the U.S. has charged a man from Hong Kong as well as the former foreign minister from Senegalese for bribing high-level officials in…
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