Wednesday, May 20, 2026
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | Business | Ex Samsung Exec Charged With Stealing Trade Secrets To Create Copycat Chip Factory In China

Ex-Samsung exec charged with stealing trade secrets to create copycat chip factory in China

South Korean prosecutors have arrested and indicted a former executive of Samsung Electronics suspected of stealing trade secrets

By AP
Published Date - 12 June 2023, 06:50 PM
Ex-Samsung exec charged with stealing trade secrets to create copycat chip factory in China
whatsapp facebook twitter telegram

Seoul: South Korean prosecutors have arrested and indicted a former executive of Samsung Electronics suspected of stealing trade secrets while attempting to establish a copycat computer chip plant in China.

The Suwon District Prosecutors’ Office said Monday that the unnamed 65-year-old unlawfully obtained Samsung’s factory blueprints and clean-room designs from 2018 and 2019 while trying, unsuccessfully, to replicate a chip factory in the Chinese city of Xi’an, near where Samsung operates a plant.

Also Read

  • Samsung launches new Made-in-India OLED TV; check price
  • Apple and Samsung are aiming for expansion in India

The technology allegedly stolen by the man’s China-based company would have been worth at least 300 billion won (USD 233 million) for Samsung, prosecutors said. They charged six people employed by the man with “active participation” in the tech theft.

South Korea is highly sensitive to breaches of technologies related to semiconductors, which accounted for nearly 17 per cent of its total exports in 2022. Samsung, the world’s largest manufacturer of computer memory chips, didn’t immediately comment on the charges.

In a statement, prosecutors described the arrested man as an “undisputed top domestic expert in semiconductor manufacturing.” After an 18-year career at Samsung he held executive roles for a decade at SK Hynix, another major South Korean chip maker which trails Samsung in the memory chip market.

The man later created chip manufacturing companies in China and Singapore with the backing of Chinese and Taiwanese investors and lured more than 200 chip experts from Samsung and Hynix with higher pay before arranging to smuggle out crucial technologies from Samsung, prosecutors said.

The manufacturing secrets allegedly taken from Samsung included processing blueprints and “basic engineering data” for designing clean-room environments to prevent contamination during semiconductor manufacturing, which prosecutors described as “core national technologies.”

“The suspect … attempted to duplicate an entire (Samsung) factory to manufacture and mass-produce semiconductors in China,” said the prosecutors’ office, who described his crime as incomparable in damage and scale to previous theft cases.

It said South Korea’s semiconductor industry would have been “irreversibly damaged” and the country’s security interests greatly compromised if the factory was actually built and produced chips similar to Samsung’s products.

  • Follow Us :
  • Tags
  • China
  • Samsung

Related News

  • Asian Weightlifting Championships 2026: India finishes third in women’s, fifth in men’s team rankings

    Asian Weightlifting Championships 2026: India finishes third in women’s, fifth in men’s team rankings

  • North Korean hackers using AI to find cybersecurity blind spots: Google

    North Korean hackers using AI to find cybersecurity blind spots: Google

  • India successfully tests Agni-5 missile with MIRV technology

    India successfully tests Agni-5 missile with MIRV technology

  • Dua Lipa files 15 million USD lawsuit against Samsung over alleged unauthorised use of image

    Dua Lipa files 15 million USD lawsuit against Samsung over alleged unauthorised use of image

Latest News

  • CPI(M) slams Centre over economic distress, alleges policies favour corporates

    2 mins ago
  • Telangana raises upper age limit for uniformed services recruitment

    12 mins ago
  • Kerala CM Satheesan to handle Finance, Law as Guv approves portfolio recommendations

    14 mins ago
  • Telangana chemists join nationwide strike against online pharmacies

    25 mins ago
  • KG-basin dispute: RIL, two firms tell SC they will write to Centre for mediation

    29 mins ago
  • Governor Shiv Pratap Shukla calls for stronger higher education reforms in Telangana

    32 mins ago
  • Govt junior lecturers seek transfer schedule in Telangana

    36 mins ago
  • Man arrested in Hyderabad for using fake vehicle registration to avoid challans

    39 mins ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam