A Chinese engineer has been ordered by a U.S. court in California to pay $66 million in damages to his former employer, Lumileds, for stealing technology from the maker of LEDs and other lighting products.
Chen Gangyi was found guilty by a Santa Clara Superior Court jury in San Jose of stealing trade secrets and transferring them to his new employer in China, a manufacturer of home appliances and LED products called Elec-Tech International (ETI), the Mercury News reported.