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New York Man Sentenced for Stealing GE's Trade Secrets

Yang Sui, a resident of Niskayuna, New York, was sentenced to one year of probation and to pay a $5,000 fine for stealing trade secrets from General Electric Company, the U.S. Attorney's Office for the Northern District of New York…

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announced in an April 30 press release. Sui admitted he stole multiple electronic files containing insider information about the research, development, design and manufacture of silicon carbide metal-oxide semiconductor field-effect transistors (MOSFETs) from GE, the release said. He admitted to also planning to establish his own rival company to sell MOSFETs; however, there was no evidence that Sui traded the secrets to any other party, it said.