The Guangdong Administration for Market Regulation on Oct 29 publicized a list of 11 milestone events of trade secret protection in Guangdong province of 2020. The events come in four categories.
China’s Supreme People's Court on October 20 refused to reconsider the decision ordering Anhui Newman Fine Chemicals Co., Ltd. to pay Guangzhou Tinci Materials Technology Co. 30 million yuan ($4.7 million) in damages for trade secret misappropriation.
Sihuan accused CBC Group of misappropriating the trade secrets obtained from the due diligence during its deal with Bain Capital.
On September 10, Beijing Neu Cloud Oriental System Technology Co. -- a joint venture established to sell IBM server products in China -- sued IBM Corp. and its Chinese subsidiary in Manhattan federal court for allegedly stealing its trade secrets.
On April 9, Bitmain Technology Co., Ltd. filed a suit against Yang Zuoxing and his Shenzhen MicroBT Technology Co., Ltd. and Shenzhen MicroBT Technology Co., Ltd. Beijing Branch for infringement of trade secrets with the Beijing Intellectual Property Court. The object of the suit was 99 million yuan
