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 said it has been its standing policy to develop its own technology and has been expanding investments, resulting in a number of patent achievements.

"Jinhua has been placing heavy emphasis on protecting intellectual property and has never engaged in stealing technology from other companies," said the company in the statement.

It claimed that "Micron sees Jinhua's development as a threat, and has been resorting to various measures to stop and sabotage Jinhua's development."

Founded in 2016, Jinhua is backed by the provincial government of Fujian. Jinhua and UMC signed a technology cooperation agreement in 2016 for the Taiwan-based foundry to develop memory-related technologies for the China-based firm.

By: DocMemory
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