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Chinese businessman charged with conspiring to steal GE’s semiconductor tech Print this article
The Justice Department charged a Chinese businessman with conspiring to steal trade secrets from General Electric related to the U.S. company’s advanced semiconductor technology in an alleged scheme to make millions of dollars producing and selling the purloined technology in China.
Chi Lung Winsman Ng, the 64-year-old vice president of sales for a Chinese semiconductor company who lives in Hong Kong, was indicted Thursday for allegedly conspiring with an unnamed GE engineer (known in the charging documents only as Co-Conspirator #1) to steal GE’s trade secrets tied to its advanced silicon carbide metal–oxide–semiconductor field-effect transistor technology, electronics that regulate the flow of electricity in devices used in wind turbines, solar inverters, medical imaging systems, and aviation equipment. Ng has not been arrested yet.
University ‘de-recognises’ student body over freedoms push
The Chinese University of Hong Kong said in a statement on Thursday that it is “severing ties” with the union on national security grounds, claiming the union cabinet known as Syzygia had made allegedly false statements. The unprecedented move effectively de-recognises the university’s student union.
Relations between the university administration and the union had reached breaking point over the union’s push to maintain on-campus freedoms.
The university said it would stop collecting fees on behalf of the student union, stop providing venues for its activities, withhold administrative support, suspend its members from their positions on all university committees, and require it to register as an independent body and assume legal responsibility for itself.
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GUANGZHOU, China, Feb. 26, 2021 /PRNewswire/ HUYA Inc. (NYSE: HUYA) ( Huya or the Company ), a leading game live streaming platform in China, today announced that Mr. Cheng Yun Ming Matthew has been appointed by Linen Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited ( Tencent ), as a successor director to serve on Huya s board of directors (the Board ), replacing Mr. Zhi Cheng, effective February 25, 2021. Mr. Zhi Cheng no longer serves as a director of Huya following this substitution.
In addition, Huya s Board has approved the appointment of Mr. Cheng Yun Ming Matthew as a member and the chairman of the compensation committee of the Board, effective immediately.