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Five Held in Huge Chip Theft

Published on April 14, 2011
by Don Clark

Law-enforcement officials said Wednesday that they cracked a massive semiconductor-theft case, which involved an armed robbery at a Silicon Valley company that netted chips valued at $37 million.

Thirteen to 15 masked thieves took part in the Feb. 27 robbery at Unigen Corp., a closely held company known for making devices called memory modules and manufacturing products for other companies.

The chips had been expected to be used in building products for Google Inc., said Mike Sterner, director of a task force of local, state and federal officials that has been investigating the theft.

Five suspects have been arrested and 98% of the stolen chips were recovered, officials said.

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