US Judge clears Fujian Jinhua of economic espionage charges related to Micron Technology, hindering US crackdown on China's IP theft.

A Chinese chipmaker, Fujian Jinhua Integrated Circuit, was cleared of economic espionage and other criminal charges by a US District Judge, a setback for the US Justice Department's crackdown on intellectual property theft by China. The judge concluded that US prosecutors failed to prove the Chinese state-sponsored company misappropriated proprietary data from Micron Technology. The decision may temper the Biden administration's pursuit of aggressive prosecutions to protect American technology.