Company Exec charged with selling chips to China
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In an event reminiscent of the movie the Departed, VP of Cheerway Inc. William Chai-Wai Tsu has been charged with selling sensitive US technology to China without permission.
Tsu bought 200 "sophisticated circuits" from a San Jose distributor and then shipped them off to China.
If found guilty, the US Nationalized, Tsu could face up to 20 years.
Read more here
He was arrested Saturday in Commerce, and agents seized documents and computers from a Hacienda Heights home Tsu allegedly used to receive business-related shipments.
Prosecutors say Tsu, a naturalized U.S. citizen, bought at least 200 sophisticated circuits from a San Jose distributor and illegally shipped them to China. The tiny circuits are used in communications and radar systems for both civilian and military purposes.
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