AMSC says Sinovel row hits the top

Barack Obama and Chinese president Xi Jinping

Barack Obama and Chinese president Xi Jinping

US wind power technology group AMSC today claimed to have grabbed the attention of the planet's two most powerful men in what it described as its “slow and frustrating” legal battle with Chinese turbine-maker Sinovel over intellectual property (IP).

AMSC has for almost two years been pursuing Sinovel – once its biggest customer – through the Chinese courts and commercial arbitration system in a $1.2bn action centering on allegations that some of the manufacturer’s turbines used software code stolen from the US company.

One of its former employees in Austria has already been jailed over the issue, which AMSC is presenting as a test case for the “sanctity” of IP in the Chinese market.

Today chief executive Daniel McGahn told financial analysts that the “fight for justice” with Log in to read complete article.

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