South Korean prosecutors have nail a former Samsung Electronics executive . The unnamed ex - White House , taken into detainment last month , is charged with stealing swap secrets and seek to utilize that data to build up a new , copycat crisp plant life in China . The Suwon District Prosecutor ’s Office announced its indictment of the unnamed 65 - class - old defendant in a Monday command , according to legion reports .
Gizmodo get through out to the prosecutor ’s office for independent confirmation and gossip , as well as Samsung ’s insistency office , but did not listen back by publication time .
The former tech bigwig reportedly knead at Samsung , one of thelargest chip makersin the world , for 18 years and another South Korean chipmaker , SK Hynix , for an additional decade . Then , he pop up fresh chip companies in China and Singapore , poaching about 200 former Samsung and Hynix employee in the process , according to prosecuting attorney .
A Samsung flag flies outside the company’s Seoul, South Korea headquarters.Photo:Chung Sung-Jun / Staff(Getty Images)
In addition to the workers , the suspect also allegedly stole Samsung troupe confidential info let in pattern , “ canonical engineering datum , ” and unobjectionable room designs from August 2018 to 2019 . He “ attempted to duplicate an entire factory to manufacture and aggregated - produce semiconductors in China , ” the prosecutors wrote in their statement , per AP .
The would - be written matter / pasted flora was slate for building less than a mile away from Samsung ’s factory in Xian , China . However , the installation was never work up , after $ 6.2 billion in promised investiture from a Formosan party fell through , according toYonhap News Agency , a major South Korean mercantile establishment . The illegally obtained incorporated secrets were forecast to be deserving about $ 233 million for Samsung .
“ It ’s a grave crime that could distribute a clayey blow to our economic security by shake up the institution of the domesticated chip industriousness at a meter of intensifying competition in chip manufacture , ” the public prosecutor ’s office additionally pronounce , accordingto Reuters .
Six others , on top of the exec , have been indict on charge associate to the same alleged dodge . These include a Samsung contractor who is accused of leaking architectural plan and five employees of the Chinese chip fellowship begun by the primary suspect .
South Korea is especially protective of its proprietary technologies — specially those related to the semiconductors used in its fleck . These report for 17 % of the country ’s full exports , consort to AP . Last year , Samsung made large step in advanced chip technical school , by beating out Taiwanese contender TSMC and becomingthe first producer to produce 3 - nanometer poker chip . The unexampled indictments and charges of stolen intellectual property add up amid an ongoing chip shot shortage and rising trade tensions between China and the U.S.
CompaniesIntelLaw , CrimeSamsungTSMC
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