Cree, a North Carolina-based manufacturer of LED diodes and lights (above), continues to manufacture wafers in the United States even though it owns a factory in China. Why? Because of fears that the valuable intellectual property may fall into the hands of competitors or rivals willing to steal the technology. More and more Western firms are following Cree's example as intellectual property theft and violations continue to be a serious problems for companies doing business in China.
In China, Western Firms Keep Secrets Close - WSJ.com
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