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Word: hitachis (lookup in dictionary) (lookup stats)
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...Mitsui action was the third one filed against Japanese firms in the past month. On June 30 the FBI charged Hitachi Ltd., Japan's fourth largest computer maker, and 14 of its employees with conspiring to steal IBM secrets. Last week a federal grand jury in San Francisco handed down similar indictments stemming from the case against Mitsubishi Electric Corp. and four of its employees...

Author: /time Magazine | Title: Padded Prices | 8/2/1982 | See Source »

...Hitachi and Mitsubishi fall into a cloak-and-data trap...

Author: /time Magazine | Title: Now, from the FBI: Japanscam | 7/5/1982 | See Source »

...climax of the affair came last week after a group of eager, albeit edgy employees of Hitachi Ltd., Japan's fourth largest computer maker, arranged to wire $495,000 into the bank account of Glenmar Associates, a Santa Clara, Calif., electronics consulting firm. The money was actually intended as a clandestine payment for confidential information on some of the newest and most powerful computers made by International Business Machines, Hitachi's chief American rival (Hitachi had $1.4 billion in computer revenues last year, IBM $24 billion). But when Hitachi Senior Engineer Kenji Hayashi and two colleagues showed...

Author: /time Magazine | Title: Now, from the FBI: Japanscam | 7/5/1982 | See Source »

...charged that a total of twelve Hitachi and five Mitsubishi employees took part in separate conspiracies to transport stolen IBM property to Japan. The bureau arrested five of these suspects, but the rest were in Japan last week. Among those accused are several high-ranking officials who allegedly approved the scheme, including Kisaburo Nakazawa, general manager of Hitachi's main computer manufacturing plant at Kanagawa...

Author: /time Magazine | Title: Now, from the FBI: Japanscam | 7/5/1982 | See Source »

...Tokyo, Hitachi and Mitsubishi executives grudgingly admitted that their companies had made payments to FBI agents for IBM documents. They argued, however, that their employees considered Glenmar to be a legitimate research firm, selling information obtained through legal channels. Said a statement from Mitsubishi: "These accusations appear to have arisen out of a terrible mistake by U.S. Government authorities...

Author: /time Magazine | Title: Now, from the FBI: Japanscam | 7/5/1982 | See Source »

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