Tuesday, 3 October 2023

Former Samsung Employee Punished for Releasing Chip Technology

It is being accounted that South Korea has arraigned an ex-Samsung Gadgets worker on the charges of releasing secret data from Samsung to China. The ex-representative purportedly took Samsung’s semiconductor chip-related innovation and attempted to fabricate a chip processing plant in China.

The representative previously worked for SK Hynix, another chip-production South Korean firm, as a VP. South Korean examiners from the Suwon Locale said that the worker wrongfully gained Samsung’s classified data, set up a semiconductor chip firm, and attempted to construct a chip plant in Xian, China, somewhere in the range of 2018 and 2019.

Chip Technology Leaked to China

The processing plant was 1.5 km away from Samsung’s chip production line in Xian. The arraignment has been recorded, yet the date of the preliminary hasn’t been uncovered at this point.

It is being accounted for that Samsung looked KRW 30 billion (around $23 million) worth of misfortunes because of this data spill.

Samsung Hardware and SK Hynix declined to remark regarding this situation, as detailed by Reuters.

The respondent, captured last month, worked a consolidated 28 years at the South Korean chipmakers, investigators said. The authorities didn’t distinguish the charge.

Reuters was not promptly ready to arrive at the litigant for input.

  • The litigant labored for quite some time for South Korean semiconductor chip firms.
  • Their effort to make a chip manufacturing plant, nonetheless, was bombed because of financing-related issues.
  • South Korean examiners have likewise charged six others for their association in this industry reconnaissance.

Examiners said they have likewise prosecuted six others for their contribution to the supposed wrongdoing, including a review organization worker who is blamed for releasing the building plan of Samsung’s semiconductor production line.

Investigators said they assessed the robbery of the information to have caused in any event ₩ 30 billion ($23 million) worth of misfortunes to Samsung Hardware.

Samsung Gadgets didn’t promptly answer a solicitation for input. SK Hynix declined the remark.

The prosecution comes as South Korea has promised to move forward with help for its chip area, with President Yoon Suk Yeol portraying the contest in the business as a “full-scale battle” amid elevated Sino-U.S. pressure.

South Korea’s Samsung and SK Hynix, the world‘s main two creators of memory chips, have put billions of dollars into chip processing plants in China.

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