Southern Illinoisan in Carbondale, Illinois

Electronics underworld targets Silicon Valley chip thefts

The New York Times reports the largest ever theft of advanced computer chips, 1 million dollars worth of programmable array logic and first in, first out memory devices from Monolithic Memories Inc in Sunnyvale California. Inside knowledge and security gaps are suspected as investigations consider inside involvement, with thefts fueling a global gray market and illicit shipments abroad.