Trade secrets theft charges filed against Tricon, owner

Tricon and owner Haoyang Yu were charged in a federal court in Boston on Friday with illegally exporting integrated circuits that contained stolen trade circuits from a U.S. firm.

   Tricon MMIC LLC and its owner, Haoyang Yu, were charged in a federal court in Boston on Friday with illegally exporting integrated circuits that contained stolen trade circuits from a U.S. firm.
   Yu, 40, who also uses the aliases Jack Yu, Harry Yu and Jack Tricon, set up Lexington, Mass.-based Tricon MMIC in March 2017 while still serving as a design engineer with Norwood, Mass.-based semiconductor manufacturer Analog Devices Inc. (ADI). When he left ADI on July 31, 2017, he downloaded hundreds of files containing proprietary data on about 20 ADI monolithic microwave integrated circuits (MMICs) worth “millions of dollars,” according to the U.S. Justice Department.
   Yu immediately began selling copies of the ADI circuits over the internet, investigators said. The circuits are controlled for their use in radio, cellular and satellite communications, as well as defense and aerospace applications.
   From August 2017 to June 2019, Yu has sold parts that are identical or substantially similar to ADI products, which incorporate trade secrets stolen from his former employer, according to the charges.
   He used Tricon to “illegally export several parts to Spain by concealing both his name and the export classification number of the parts being exported on the shipping documents,” the Justice Department said.
   If convicted, Yu faces up to 10 years in jail and a $250,000 fine on the charge of stealing, copying, downloading and possessing a trade secret. The charge of smuggling goods from the U.S. also provides for a sentence of up to 10 years in jail and a $250,000 fine.
   The case was investigated by the Commerce Department’s Bureau of Industry and Security Office of Export Enforcement in Boston, as well as the Justice Department, FBI, Customs and Border Protection, Coast Guard Investigative Service and Defense Criminal Investigative Service, as well as state and local law enforcement.

Upcoming FreightWaves Events
Compliance

Brokerage Compliance Symposium

The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.

October 26, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Awards

F3 Awards Dinner

The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.

October 26, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
FreightTech

F3: Future of Freight Festival

Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.

October 27, 2026 – October 28, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Compliance Brokerage Compliance Symposium Oct 26 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now
Awards F3 Awards Dinner Oct 26 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now
FreightTech F3: Future of Freight Festival Oct 27 – Oct 28 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.