Chinese scientists pleads guilty to technology theft

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The market value of the next-generation battery technology that Hongjin Tan, 35, was accused of stealing was more than US$1 billion (S$1.36 billion).

A Chinese scientist pleaded guilty on Tuesday to stealing next-generation battery technology from the American petroleum company where he worked, the Department of Justice said.

The market value of the next-generation battery technology Tan was accused of stealing was more than $1 billion, it said. "China's economic aggression poses a threat to America's emerging high-technology industries," Shores said.

 

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