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07-Dec-2020 Intellasia |  Reuters |  6:02 AM
A Chinese professor accused by US prosecutors of helping steal American technology to benefit China’s Huawei Technologies Co Ltd on Friday pleaded guilty to lying to the FBI, but is expected to be allowed to return home after prosecutors decided not to pursue a more serious charge. The professor, Bo Mao, had been charged with conspiring to defraud Silicon Valley’s CNEX Labs and faced up to 20 years behind bars. He was a visiting professor at the University of Texas when he was arrested in August 2019. Mao, 37, pleaded guilty to the lesser charge of making a false statement in a video appearance before US District Judge Pamela Chen in Brooklyn. He is expected to be sentenced to time served and leave the United States on December 16. He was in custody for six days after his arrest. Mao was originally accused of entering into an agreement with an unidentified company to use its circuit board for research and sharing the proprietary information with a Chinese company. Descriptions suggest that the first company refers to CNEX Labs and the second to Huawei. At the plea hearing, Mao admitted through a Mandarin interpreter that he told FBI agents did not know anyone at a university in Texas owned the board. But he had sought access to one when he made the false statement. Prosecutor Sarah Evans told the judge Mao’s lies “concealed the lengths” he went to access the technology on behalf of a company she did not name, but is Huawei. Mao’s arrest came amid a US Justice Department crackdown on Chinese influence in universities over alleged spying and intellectual property theft by the Chinese government. The arrest also took place before Brooklyn federal prosecutors added trade-secret-theft charges to their 2018 indictment against Huawei, a telecommunications equipment maker. The case against Huawei is pending in Brooklyn. In 2018, the company and its finance chief, Meng Wanzhou, were charged with misleading banks about business in Iran. The charges added in February include theft of CNEX’s trade secrets. Huawei has pleaded not guilty. In a civil lawsuit in Texas, a jury last year found Huawei misappropriated CNEX’s secrets, but awarded no damages. Meng was arrested in Canada in 2018 in connection with the criminal case. She has said she is innocent and has been fighting extradition. Her lawyers are now in talks with the US Justice Department, a person familiar with the matter said on Thursday, signaling a potential end to the case against her, which has strained ties between the United States, China and Canada. https://www.reuters.com/article/huawei-tech-usa/update-1-chinese-professor-pleads-guilty-to-lying-to-fbi-in-huawei-related-case-idINL1N2IK2U3

Chinese professor pleads guilty to lying to FBI in Huawei-related case

News Snapshot:
A Chinese professor accused by U.S. prosecutors of helping steal American technology to benefit China’s Huawei Technologies Co Ltd on Friday pleaded guilty to lying to the FBI, but is expected to be allowed to return home after prosecutors decided not to pursue a more serious charge. The professor, Bo Mao, had been charged with conspiring to defraud Silicon Valley’s CNEX Labs and faced up to 20 years behind bars. He was a visiting professor at the University of Texas when he was arrested in August 2019. Mao, 37, pleaded guilty to the lesser charge of making a false statement...

Chinese professor pleads guilty to lying to FBI in Huawei-related case  Communications Today

He was a visiting professor at the University of Texas when he was arrested in August 2019. Mao, 37, pleaded guilty to the lesser charge of making a false statement in a video appearance before U.S. District Judge Pamela Chen in Brooklyn. Reuters | Updated: 05-12-2020 04:56 IST | Created: 05-12-2020 04:56 IST
A Chinese professor accused by U.S. prosecutors of helping steal American technology to benefit China's Huawei Technologies Co Ltd on Friday pleaded guilty to lying to the FBI, but is expected to be allowed to return home after prosecutors decided not to pursue a more serious charge. The professor, Bo Mao , had been charged with conspiring to defraud Silicon Valley's CNEX Labs and faced up to 20 years behind bars. He was a visiting professor at the University of Texas when he was arrested in August 2019. Mao, 37, pleaded guilty to the lesser charge of making a false statement in a video appearance before U.S. District Judge Pamela Chen in Brooklyn. He is expected to be sentenced to time served and leave the United States on Dec. 16. He was in custody for six days after his arrest. Mao was originally accused of entering into an agreement with an unidentified company to use its circuit board for research and sharing the proprietary information with a Chinese company. Descriptions suggest that the first company refers to CNEX Labs and the second to Huawei. At the plea hearing, Mao admitted through a Mandarin interpreter that he told FBI agents did not know anyone at a university in Texas owned the board. But he had sought access to one when he made the false statement. Prosecutor Sarah Evans told the judge Mao's lies "concealed the lengths" he went to access the technology on behalf of a company she did not name, but is Huawei. Mao's arrest came amid a U.S. Justice Department crackdown on Chinese influence in universities over alleged spying and intellectual property theft by the Chinese government. The arrest also took place before Brooklyn federal prosecutors added trade-secret-theft charges to their 2018 indictment against Huawei, a telecommunications equipment maker. The case against Huawei is pending in Brooklyn. In 2018, the company and its finance chief, Meng Wanzhou , were charged with misleading banks about business in Iran. The charges added in February include theft of CNEX's trade secrets. Huawei has pleaded not guilty. In a civil lawsuit in Texas, a jury last year found Huawei misappropriated CNEX's secrets, but awarded no damages. Meng was arrested in Canada in 2018 in connection with the criminal case. She has said she is innocent and has been fighting extradition. Her lawyers are now in talks with the U.S. Justice Department, a person familiar with the matter said on Thursday, signaling a potential end to the case against her, which has strained ties between the United States, China and Canada. Share

12/04/2020 | 05:59pm EST
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Dec 4 (Reuters) - A Chinese professor accused by U.S.prosecutors of helping steal American technology to benefitChina's Huawei Technologies Co Ltd on Friday pleadedguilty to lying to the FBI, but is expected to be allowed toreturn home after prosecutors decided not to pursue a moreserious charge. The professor, Bo Mao, had been charged with conspiring todefraud Silicon Valley's CNEX Labs and faced up to 20 yearsbehind bars. He was a visiting professor at the University ofTexas when he was arrested in August 2019. Mao, 37, pleaded guilty to the lesser charge of making afalse statement in a video appearance before U.S. District JudgePamela Chen in Brooklyn. He is expected to be sentenced to timeserved and leave the United States on Dec. 16. He was in custodyfor six days after his arrest. Mao was originally accused of entering into an agreementwith an unidentified company to use its circuit board forresearch and sharing the proprietary information with a Chinesecompany. Descriptions suggest that the first company refers toCNEX Labs and the second to Huawei. At the plea hearing, Mao admitted through a Mandarininterpreter that he told FBI agents did not know anyone at auniversity in Texas owned the board. But he had sought access toone when he made the false statement. Prosecutor Sarah Evans told the judge Mao's lies "concealedthe lengths" he went to access the technology on behalf of acompany she did not name, but is Huawei. Mao's arrest came amid a U.S. Justice Department crackdownon Chinese influence in universities over alleged spying andintellectual property theft by the Chinese government. The arrest also took place before Brooklyn federalprosecutors added trade-secret-theft charges to their 2018indictment against Huawei, a telecommunications equipment maker. The case against Huawei is pending in Brooklyn. In 2018, thecompany and its finance chief, Meng Wanzhou, were charged withmisleading banks about business in Iran. The charges added inFebruary include theft of CNEX's trade secrets. Huawei haspleaded not guilty. In a civil lawsuit in Texas, a jury last year found Huaweimisappropriated CNEX's secrets, but awarded no damages. Meng was arrested in Canada in 2018 in connection with thecriminal case. She has said she is innocent and has beenfighting extradition. Her lawyers are now in talks with the U.S. JusticeDepartment, a person familiar with the matter said on Thursday,signaling a potential end to the case against her, which hasstrained ties between the United States, China and Canada. (Reporting by Karen Freifeld; editing by Jonathan Oatis,Richard Chang and Sonya Hepinstall)

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Dec 04, 2020  •   •  1 minute read
The Huawei logo is pictured on the headquarters building in Reading, Britain July 14, 2020 Photo by Matthew Childs /REUTERS
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A Chinese professor accused by U.S. prosecutors of helping steal American technology to benefit China’s Huawei Technologies Co Ltd on Friday pleaded guilty to lying to the FBI, but is expected to be allowed to return home after prosecutors decided not to pursue a more serious charge. The professor, Bo Mao, had been charged with conspiring to defraud Silicon Valley’s CNEX Labs and faced up to 20 years behind bars. He was a visiting professor at the University of Texas when he was arrested in August 2019. We apologize, but this video has failed to load. Try refreshing your browser, or
Chinese professor pleads guilty to lying to FBI in Huawei-related case Back to video
Mao, 37, pleaded guilty to the lesser charge of making a false statement in a video appearance before U.S. District Judge Pamela Chen in Brooklyn. He is expected to be sentenced to time served and leave the United States on Dec. 16. He was in custody for six days after his arrest. Mao was originally accused of entering into an agreement with an unidentified company to use its circuit board for research and sharing the proprietary information with a Chinese company. Descriptions suggest that the first company referred to CNEX Labs and the second to Huawei. Advertisement
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At the plea hearing, Mao admitted through a Mandarin interpreter that he told FBI agents that did not know anyone at a university in Texas owned the board. But he had sought access to one when he made the false statement. Prosecutor Sarah Evans told the judge Mao’s lies “concealed the lengths” he went to access the technology on behalf of a company she did not name, but is Huawei. We apologize, but this video has failed to load. Try refreshing your browser, or
Mao’s arrest came amid a U.S. Justice Department crackdown on Chinese influence in universities over alleged spying and intellectual property theft by the Chinese government. The arrest also took place before Brooklyn federal prosecutors added trade-secret-theft charges to their 2018 indictment against Huawei, a telecommunications equipment maker.

Microsoft (NASDAQ: MSFT) is a global provider of software, hardware, and technology services. The company develops, manufactures, licenses supports, and sells computer software, consumer electronics, and personal computers and services. Microsoft was founded in 1975 and is based in Redmond, Washington.

Microsoft

`` Microsoft is collaborating with CNEX Labs , Inc. to develop Open-Channel SSD technology , ensuring it meets the demanding requirements of a cloud-first world , '' said Kushagra Vaid , GM , Microsoft .

CNEX Labs Partners with Microsoft to Boost Storage Performance for the Cloud with Open-Channel SSDs

Kioxia engages in the development, production, and sales of flash memory and SSDs. The company's 3D flash memory technology, BiCS FLASH, is shaping the future of storage in high density applications including advanced smartphones, PCs, SSDs, automotive and data centers.

Kioxia

CNEX Labs

Marvell

Cirrus Logic

Gyrfalcon Technology

Analogix Semiconductor

PureWave Networks

Multigig

deCarta

Xceive

Virage Logic

Southwall Technologies

SiteSmith

Wayfarer Communications

Compression Labs

PMC-Sierra

Ernst & Young

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

Board Voting

Par Value

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Semiconductors, Chips, and Advanced Electronics

Series A

Series B

Seed VC

Series D

Series D - II

Series E

Series F

CNEX Labs is a semiconductor company that develops solid-state storage controllers and software for cloud, hyperscale, and enterprise data centers.

Celesta Capital

Dell Technologies Capital

EMC Ventures

Name	Jay Chong
Firm
Work History	Versatile business leader with broad skills, oversea experience, and accomplishments in Venture Capital, Sales & Marketing, Business Development, and Operations. Venture investments focused on data center/cloud/enterprise, automotive/autonomus driving, and AR/VR/AI/Robotics.
Other Seats	CNEX Labs

Name	Work History	Title	Status
Alan J Armstrong	Marvell, and Cirrus Logic	Founder, Chief Executive Officer	Current
Joe DeFranco	Marvell	Founder	Current
Michael E Seifert	Gyrfalcon Technology, Analogix Semiconductor, PureWave Networks, Multigig, deCarta, Xceive, Virage Logic, Southwall Technologies, SiteSmith, Wayfarer Communications, Compression Labs, PMC-Sierra, and Ernst & Young	Chief Financial Officer	Former

Name	Alan J Armstrong	Joe DeFranco	Michael E Seifert
Work History	Marvell, and Cirrus Logic	Marvell	Gyrfalcon Technology, Analogix Semiconductor, PureWave Networks, Multigig, deCarta, Xceive, Virage Logic, Southwall Technologies, SiteSmith, Wayfarer Communications, Compression Labs, PMC-Sierra, and Ernst & Young
Title	Founder, Chief Executive Officer	Founder	Chief Financial Officer
Status	Current	Current	Former

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CNEX Labs

Executives

Board of Directors

CNEX Labs Board of Director

CNEX Labs Management Team

3 Team Members

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