14th June 2024
An arrest warrant has been issued for a former Samsung Electronics official accused of giving semiconductor expertise info to a Chinese language chipmaker, as Seoul cracks down effort on industrial espionage.

A choose issued the warrant on Friday, the Seoul Central District Courtroom stated in an announcement on Saturday morning. Prosecutors had sought the warrant on Wednesday on suspicion the unidentified official gave info associated to 18-nano DRAM reminiscence chip expertise to China’s Changxin Reminiscence Applied sciences (CXMT).

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Prosecutors stated the injury attributable to the expertise leak could possibly be about 2.three trillion received ($1.eight billion), the Korea Financial Each day newspaper reported, including that the case additionally includes dozens of others from Samsung Electronics’ suppliers.
Samsung, the world’s prime reminiscence chipmaker, stated it had no remark.

Hefei-based CXMT declined to touch upon the matter particularly however stated in an announcement it respects mental property rights and has a strong mechanism to forestall the influx of third-party info from its workers.

Owned by state-backed guardian Innotron Reminiscence, CXMT is China’s main maker of DRAM reminiscence chips.

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The person left Samsung for CXMT in 2016, native media have reported. Prosecutors and the courtroom declined to touch upon whether or not he nonetheless works for CXMT. Prosecutors declined to touch upon the reported extent of the injury from the leak.

In South Korea’s crackdown on industrial espionage, one other former Samsung official is on trial accused of stealing firm info to assist a consumer arrange a chip manufacturing unit in China. The defendant, Choi Jinseog, denies the costs and is out on bail.

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