Ex-Samsung execs arrested for 'stealing' tech for China
Business Standard|September 11, 2024
South Korean police have arrested two former Samsung Electronics Co.officials on suspicion of stealing technologies worth more than 4.3 trillion won ($3.2 billion) to build a copycat chipmaking plant in China.

The Seoul Metropolitan Police Agency on Tuesday described how the pair had collaborated with local Chinese officials to build a semiconductor facility. One of the two, identified as a 66-year-old surnamed Choi, recruited South Korean chip experts and leaked Samsung memory technologies via a joint venture, the police said in a statement.

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