Former Samsung executive accused of trying to copy an entire chip plant in China
reports. They didn't name the 65-year-old defendant, who also previously served as vice president of another Korean chipmaker SK Hynix, but claimed he stole the information between 2018 and 2019. The leak reportedly cost Samsung about $230 million.
The defendant allegedly planned to build a semiconductor in Xi'an, China, less than a mile from an existing Samsung plant. He hired 200 employees from SK Hynix and Samsung to obtain their trade secrets while also teaming up with an unnamed Taiwanese electronics manufacturing company that pledged $6.2 billion to build the new semiconductor plant — the partnership fell through.
"It's so serious that it's difficult to compare it in terms of the scale of the crime and the degree of damage with previous individual semiconductor technology leakage cases," the prosecutor's office said in a statement."It's a grave crime that could deal a heavy blow to our economic security by shaking the foundation of the domestic chip industry at a time of intensifying competition in chip manufacturing.
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