South Korea indicts ex-Samsung Electronics executive for alleged data leak to China
The Hindu
South Korean prosecutors said they indicted a former Samsung Electronics executive on suspicions of stealing the company’s technology to build a chip factory in China
South Korean prosecutors said they indicted a former Samsung Electronics executive on June 12 on suspicions of stealing the company's technology to build a chip factory in China.
The defendant, who also formerly worked at SK Hynix as a Vice President, is accused of illegally acquiring Samsung data to build a factory in the northwestern Chinese city of Xian between 2018 and 2019, the Suwon District Prosecutors' Office said in a statement.
The trial date has yet to be confirmed by the local court where the indictment has been filed.
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The defendant, arrested last month, worked a combined 28 years at the South Korean chipmakers, prosecutors said. The officials did not identify the accused.
Reuters was not immediately able to reach the defendant for comment.
The former Samsung executive allegedly tried to build the factory 1.5 kilometres (1 mile) away from Samsung's chip manufacturing facility in Xian after setting up a semiconductor company, prosecutors said.
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