economyofsouthkorea

  • Former Samsung Exec Allegedly Stole Plans for an Entire Chip Plant

    Former Samsung Exec Allegedly Stole Plans for an Entire Chip Plant

    South Korean prosecutors have arrested a former Samsung Electronics executive. The unnamed ex-exec, taken into custody last month, is charged with stealing trade secrets and attempting to use that information to build a new, copycat chip plant in China. The Suwon District Prosecutor’s Office announced its indictment of the unidentified 65-year-old defendant in a Monday…