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Friday, April 6, 2018

This is the path Realwear and Kopin seem to be taking and there appears to be no effort on their part to disguise the source,...thin ice I think, does Congress think the company that sold the displays to Lockheed that is/was used in the F-35 a sensitive technology to transfer to China? And now will design OLED displays in the US and allow State-Owned BOE access to that technology? Who knows? Perhaps they are unaware...

The DIUx report recommends that we look at ways to restrict Chinese investment in U.S. technology companies, particularly those with potential military applications. This is unlikely to work – it is easier to disguise the source of investment capital than to investigate it – and will not stop China from acquiring our technology through its other tech transfer strategies. Such an effort could also quickly become impossibly broad. Thousands of entrepreneurs seek capital in the U.S. each year to build businesses in AI, AR and VR, robotics, and IoT devices, and attempting to anticipate all those technologies which might one day have military applications is impractical, if not impossible. Furthermore, if anything, restricting China’s access to U.S. technologies through investment could cause them to redouble their efforts to acquire our technology through more damaging means like industrial espionage and cyber theft, and to invest more of their money in domestic innovation.
 In particular, expanding the Committee’s oversight of joint ventures and noncontrolling investments is important. We should do more to identify and prevent deals that truly threaten our nation’s strategic industries, but our goal should not be to cut off Chinese investment in U.S. companies.

http://docs.house.gov/meetings/AS/AS26/20180109/106756/HHRG-115-AS26-Wstate-CarterW-20180109.pdf

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