Last week, the Trump administration targeted Fujian Jinhua in a major escalation of its push against alleged economic espionage. On Thursday, the Justice Department charged Fujian Jinhua , along with a Taiwanese company and three Taiwanese individuals, with conspiracy to steal trade secrets from Micron. Micron sued Fujian Jinhua and Taiwanese semiconductor company UMC in California federal court in December 2017. Fujian Jinhua probably can't operate without access to US software and technology, according to analysts. The Commerce Department said Fujian Jinhua threatened the supply chain for essential military components.

Source: CNN November 04, 2018 18:33 UTC