U.S government trade agencies and members of Congress are quietly weighing in on allegations of corporate espionage involving China's largest wind turbine manufacturer.
Devens, Mass.-based American Superconductor Corp. (AMSC) is accusing China's Sinovel Wind Group, the world's second-largest wind turbine maker, of stealing valuable trade secrets, copying protected software used for controlling turbines and canceling purchase agreements with the U.S. technology company.
Tied up in Beijing courts, the episode has the makings of industrial sabotage if the allegations are true, including that Sinovel had agreed to pay $1.7 million to a 38-year-old former AMSC employee based in Austria to funnel detailed trade secrets to China. It also ties into a political narrative in the United States, where business groups have pressed Washington to address concerns about Chinese piracy that range from intellectual property theft to hacking computers at the U.S. Chamber of Commerce....
-bth: reading the full article you see there is a clear case of industrial espionage going on. Further this was not isolated to AMSC but included solar and wind systems from other companies. We are browbeating our American companies but politicians seem willing to allow this kind of conduct go unchecked because it is China and they are afraid. In the meantime promising technology companies are being decimated without effective legal recourse.
0 comments:
Post a Comment