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Ex-Samsung department head indicted for leaking chip tech to Chinese firm

Last updated: January 4th, 2024 at 09:41 UTC+01:00 According to the latest reports, an ex-Samsung employee was issued an arrest warrant because he was accused of leaking chip technology of the South Korean giant to a Chinese company in return for some money. As per Yonhap News Agency, the Seoul Central District Prosecutors Office indicted the employee surnamed Kim, who previously served as the department head at Samsung. Kim was charged by the prosecutors on charges of violating the industrial technology protection…

samsung: Arrest warrant issued for ex-Samsung Electronics official over chip tech leak

An arrest warrant has been issued for a former Samsung Electronics official accused of giving semiconductor technology information to a Chinese chipmaker, as Seoul cracks down effort on industrial espionage.A judge issued the warrant on Friday, the Seoul Central District Court said in a statement on Saturday morning. Prosecutors had sought the warrant on Wednesday on suspicion the unidentified official gave information related to 18-nano DRAM memory chip technology to China's Changxin Memory Technologies (CXMT).Elevate…

Ex-Samsung exec who allegedly stole trade secrets was helping Foxconn

Earlier this month, an ex-Samsung Electronics employee got indicted for leaking company secrets to rival companies. More details have now emerged, and South Korean prosecutors allege that the former Samsung executive was trying to use the stolen data to help Foxconn set up a chip factory in China. According to the latest news on the matter (via Reuters), the former Samsung executive is Choi Jinseog. The indictment announced on June 12 did not mention any names, but Reuters says the media subsequently identified Choi…

Ex-Samsung executive accused of audacious chip factory plan

People stealing trade secrets from their old workplace is nothing new, but the idea of taking information to construct an exact copy of an entire factory and its technology just a mile from the original one takes the nefarious practice to a whole new level. An ex-Samsung executive has been accused of doing just that when he allegedly attempted to construct a replica semiconductor plant using information stolen from the Korean tech giant. Prosecutors in South Korea this week indicted the 65-year-old former executive,…

Ex-Samsung employee charged for leaking chip technology to China

It is being reported that South Korea has indicted an ex-Samsung Electronics employee on the charges of leaking confidential information from Samsung to China. The ex-employee allegedly stole Samsung’s semiconductor chip-related technology and tried to build a chip factory in China. Samsung’s ex-employee stole semiconductor chip data and attempted to start a new chip firm in China The employee formerly worked for SK Hynix, another chip-making South Korean firm, as a Vice President. South Korean prosecutors from the Suwon…

Ex-Samsung employees sentenced to jail for leaking tech to China

Last updated: July 19th, 2022 at 16:47 UTC+02:00 Former employees of a Samsung Electronics subsidiary have reportedly been sentenced to 18 months in prison by the Seoul Central District Court for leaking information to a company in China. The latter company used the leaked information to develop semiconductor manufacturing technologies at a new factory it built specifically for the task. The convicted employees worked for SEMES, a Samsung Electronics subsidiary, for over a decade. According to the court, the…