Marta Haustein is our guest on the Podcast discussing Medic promo clip

17 Oct 2022 · 1 min

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A disgruntled U.S. employee leaked proprietary software to a Chinese wind-turbine maker, which then rejected hundreds of millions in shipments. The breach rippled through global supply chains until the U.S. Commercial Service and partners forced the Chinese company to pay a record $1 billion settlement.

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A US company was the victim of a trade secrets theft. One of their disgruntled employees, and it was in fact, was convicted of supplying the software code to their main customer, which was a wind turbine producer in China. And so once that code had been transferred, there was no reason anymore for them to continue with the relationship. Several hundred million dollars worth of goods were then rejected at the port. The worst part of this was that this Chinese company was selling their wind turbines into various procurements worldwide. We at the U.S. Commercial Service, along with our interagency colleagues, put together a program through which we were able to shut that down. And the company ended up paying a record nearly $1 billion