Former Philips engineer convicted of stealing trade secrets for China firm

A federal jury in Chicago convicted a former Philips Medical Systems engineer Friday of conspiring to steal the company's trade secrets and bring them to a Chinese competitor, according to the Justice Department.

Former Philips engineer convicted of stealing trade secrets for China firm

TL;DR

  • A former Philips Medical Systems engineer was convicted by a federal jury in Chicago.
  • The conviction is for conspiring to steal company trade secrets.
  • The engineer intended to transfer the stolen trade secrets to a Chinese competitor.