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World News@lemmy.worldEnglish · 2 months ago

Former Samsung execs arrested for allegedly using stolen memory tech to build chip factory in China — suspects leaked $3.2B worth of Samsung secrets

www.tomshardware.com

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Former Samsung execs arrested for allegedly using stolen memory tech to build chip factory in China — suspects leaked $3.2B worth of Samsung secrets

www.tomshardware.com

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World News@lemmy.worldEnglish · 2 months ago

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The South Korean allegedly built a chip factory in China to manufacture copied Samsung chips.

South Korean police have arrested two former Samsung executives suspected of leaking Samsung secrets worth $3.2 billion to China. The authorities reported that one of the arrested suspects, 66-year-old Mr. Choi, set up a joint venture building chips in China alongside some local officials and served as its CEO (via Bloomberg). He was allegedly assisted by a plant designer, Mr. Oh, in this venture, while he also attempted to recruit other South Korean experts to work for him.

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MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
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https://www.bloomberg.com/news/articles/2024-09-10/ex-samsung-execs-arrested-for-allegedly-stealing-tech-for-china?sref=HrWXCALa

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