Airbus Deal with China Creates Trade Secrets Concerns
By Press
From todayonline.com, concerns that the technology transfers agreed to by Airbus in order to secure a large order from China could lead to loss of Airbus’s trade secrets.
According to reports, Olivier Gorge, the secretary general of GEAD, the European aerospace and defense equipment body, has already warned Europe's aviation industry to be careful not to give away all its trade secrets in its rush to win business in China.
"It is necessary to be sure, therefore, that French technology in terms of aerospace equipment does not go to China through production sub-contracting," said Gorge. "There have been examples in the past of some parts suppliers returning from China having seen piracy of their technology."
According to reports, Olivier Gorge, the secretary general of GEAD, the European aerospace and defense equipment body, has already warned Europe's aviation industry to be careful not to give away all its trade secrets in its rush to win business in China.
"It is necessary to be sure, therefore, that French technology in terms of aerospace equipment does not go to China through production sub-contracting," said Gorge. "There have been examples in the past of some parts suppliers returning from China having seen piracy of their technology."
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