This question has been asked before. I believe that the answer given by Coby was basically that while it is a risk they have the experience to know the dangers and how to avoid them. In regards to this, Weebit has:
- members on the board that have between them many decades of experience working in China, so they know how to protect themselves, their knowledge and their IP.
- Weebit’s legal support (king & wood mallesons) are experts in China and have big offices in China.
- Weebit has appointed Jackson Lam as vice-president Strategic Alliances, China, in an advisory capacity. Jackson is responsible for Weebit’s partnerships in China, including customers, potential industry partners, and investors. Jackson Lam has almost 40 years of experience in the Chinese semiconductor industry. He spent 15 years with Panasonic in business development, and established an R&D and manufacturing company providing services for many well known international semiconductor companies. In the past 12 years, Jackson Lam has focused on helping Israeli companies set-up and expand their business in China.
China has also been changing in its stance on IP theft and have been getting better on this issue.
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