Former Samsung executive indicted in South Korea for alleged data leak to China Prosecutors said they estimated the theft of data to have caused at least 300 billion won (RM1.08 billion) worth of losses for Samsung Electronics. SEOUL (June 12): A former executive at South Korea's Samsung Electronics was indicted on Monday (June 12) on suspicion of stealing company technology for a copy-cat chip factory in China and jeopardising national economic security, prosecutors said. South Korea is a chipmaking powerhouse, increasingly pressed by the geopolitical and economic rivalry between the US and China.

http://klse.i3investor.com/web/blog/detail/ceomorningbrief/2023-06-13-story-h-267878312-Ex_Samsung_Executive_Accused_of_Stealing_Secrets_for_China_Chip_Factory

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