A Niskayuna man will face a year of probation and a fine of $5,000 for stealing trade secrets from General Electric, a federal prosecutor said.
Yang Sui, 43, pleaded guilty to stealing multiple electric files from the company, according to a press release from the U.S. attorney for the Northern District of New York Friday.
Sui took files between Jan. 1, 2015 and Dec. 21, 2017 that included trade secrets on research, development, design and manufacturing of a certain type of General Electric transistor that helps regulate the flow of electricity in devices and are used in a wide range of products.
“There was no evidence that Sui transferred the [transistor] trade secrets to anyone else,” the release states.
Sui also said he was planning to start his own company, which would manufacture and sell the transistors.
He originally faced up to 10 years and up to a $250,000 fine or up to twice the gain from the thefts.
The case is one of several in recent years concerning trade secret thefts from GE.
“GE closely cooperated with the FBI for some time on this matter,” said a spokesperson for GE. “At GE, we aggressively protect and defend our intellectual property and have processes in place for identifying these issues and partnering with law enforcement.”