Former Samsung execs arrested for allegedly using stolen memory tech to build chip factory in China — suspects leaked $3.2B worth of Samsung secrets
Former Samsung execs arrested for allegedly using stolen memory tech to build chip factory in China — suspects leaked $3.2B worth of Samsung secrets
The South Korean allegedly built a chip factory in China to manufacture copied Samsung chips.
South Korean police have arrested two former Samsung executives suspected of leaking Samsung secrets worth $3.2 billion to China. The authorities reported that one of the arrested suspects, 66-year-old Mr. Choi, set up a joint venture building chips in China alongside some local officials and served as its CEO (via Bloomberg). He was allegedly assisted by a plant designer, Mr. Oh, in this venture, while he also attempted to recruit other South Korean experts to work for him.
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Look at Samsung's history. This is their MO, it's how they became the Samsung we know today - straight up steal actual product designs, not just concepts, not just copy closely, a compete steal, and sell until arrested.
Search "samsung employees swallow evidence"
Fun times.