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Pair Indicted in Alleged Technology Theft

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From Bloomberg News

Two Northern California men were indicted for stealing trade secrets from Sun Microsystems Inc., Transmeta Corp. and others to enable a Chinese company to make microprocessors.

Fei Ye and Ming Zhong conspired to commit economic espionage and carry stolen trade secrets to Supervision Inc. of China, according to a grand jury indictment filed in San Jose.

They were arrested as they tried to board an airplane bound for China with trade secrets in their luggage, and face a maximum of 15 years in jail and fines of at least $50,000 if convicted.

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