A 65-year-old former Samsung Electronics government was once indicted on Monday for allegedly stealing South Korean semiconductor manufacturing secrets and techniques as a way to assemble a competitor facility in China, in keeping with Asia Nikkei.
A 65-year-old former Samsung government was once charged via the Suwon District Prosecutors’ Place of job with transmitting company secrets and techniques to a international govt, China. The claims come amid emerging US-China tensions following Washington’s blockade of Beijing’s get admission to to stylish chip applied sciences. Prosecutors stated the defendant tried to create a semiconductor manufacturing unit in Xi’an backed via Chengdu Town and a Taiwan trade in 2018 and 2019, the usage of illegally bought Samsung schematics, however they didn’t disclose his identify.
In line with Asia Nikkei, the accused additionally served as a Vice President at SK Hynix, every other South Korean chipmaker.
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“The blueprints are trade secrets and techniques which the corporate [Samsung] has advanced for greater than 30 years via trial and blunder. It’s price no less than 300 billion gained (USD 233 million),” stated the prosecutors’ administrative center in a observation.
“If the similar or identical high quality of chips [with Samsung] have been heavily produced in China, it will have brought about unrecoverable losses to the home semiconductor business,” the prosecutor’s administrative center stated, Asia Nikkei reported.
South Korean prosecutors stated on Monday the defendant additionally employed about 200 workforce from native chip manufacturers together with Samsung. The government indicted six extra of his workers over identical allegations.
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