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Capitalism: US goverment publically admitted it wants inflated DRAM prices
  • Vitaliy_KiselevVitaliy_Kiselev

    US government prohibited export of any manufacturing equipment or software to one of new DRAM manufacturers, Chinese Fujian Jinhua Integrated Circuit Co Ltd

    Reason provided is that it can hurt fat US DRAM manufacturers like Micron who are getting extreme profits lately (sometimes profits is in range of 10x the cost of chips).

    It is good example how ruling class is using their puppets in their interests that are oppose to interests of all around.

  • 4 Replies sorted by
  • Vitaliy_KiselevVitaliy_Kiselev

    DOJ has unveiled an indictment filed in California against a Chinese state-owned company and three Taiwanese nationals for allegedly stealing trade secrets from Micron Technologies.

    • U.S. SAYS CHINA STATE-OWNED CO. STOLE MICRON TRADE SECRETS
    • U.S. CRIMINAL COMPLAINT ALSO NAMES THREE TAIWAN NATIONALS
    • UNITED MICROELECTRONICS, FUJIAN JINHUA INDICTED IN U.S.

    I really hope they stole as much as they can.

    As Micron is fat rich manufacturer getting extreme profits and almost no progressive work.

  • jleojleo

    Even if it is true, all this is normal in business ( especially now with open source idea ) :)

    ... Americans had no respect for British intellectual property protections. They had fought for independence to escape the mother country’s suffocating economic restrictions. In their eyes, British technology barriers were a pseudo-colonial ploy to force the United States to serve as a ready source of raw materials and as a captive market for low-end manufactures. While the first U.S. patent act, in 1790, specified that "any person or persons" could file a patent, it was changed in 1793 to make clear that only U.S. citizens could claim U.S. patent protection.

    https://foreignpolicy.com/2012/12/06/we-were-pirates-too/

  • Vitaliy_KiselevVitaliy_Kiselev

    @jleo

    Well, of course. It is normal business if you are getting necessary knowledge and information. But if you are getting lot of profits - everyone who try to gain info is certainly criminal! :-)

  • Vitaliy_KiselevVitaliy_Kiselev

    Fujian Jinhua Integrated Circuit has issued a statement in Chinese on its website claiming the company has not stolen any technology. The statement came on the heels of an indictment unsealed by the US Department of Justice against Jinhua and its technology partner UMC, accusing them of stealing trade secrets from Micron Technology.

    "Jinhua has been placing heavy emphasis on protectiing intellectual property and has never engaged in stealing technology from other companies. Micron sees Jinhua's development as a threat, and has been resorting to various measures to stop and sabotage Jinhua's develoment."

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