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XMotors says employee did not pass along sensitive Apple info

2018-07-11 21:00    Investing

XMotors says employee did not pass along sensitive Apple info Technology News

© Reuters. XMotors says employee did not pass along sensitive Apple info

BEIJING (Reuters) - Chinese-owned electric vehicle firm XMotors said on Wednesday that there is no indication that ex-Apple Inc worker Zhang Xiaolang ever communicated any sensitive information from Apple (NASDAQ:AAPL) to XMotors.

Zhang, who most recently worked for XMotors, was charged with stealing trade secrets from Apple by U.S. authorities on Monday.

XMotors said the firm had terminated Zhang and is supporting local authorities to gather more details of the case. It said the company was informed of the investigation in late June.

XMotors is a wholly-owned U.S. subsidiary of China's Xiaopeng Motors.

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