Arrest warrant issued for ex-Samsung Elec official over chip tech leak

Arrest warrant issued for ex-Samsung Elec official over chip tech leak
Arrest warrant issued for ex-Samsung Elec official over chip tech leak

Hello and welcome to the details of Arrest warrant issued for ex-Samsung Elec official over chip tech leak and now with the details

Nevin Al Sukari - Sana'a - Prosecutors said the damage caused by the technology leak could be about 2.3 trillion won, the Korea Economic Daily newspaper reported, adding that the case also involves dozens of others from Samsung Electronics’ suppliers. — Reuters pic

SEOUL, Dec 16 — An arrest warrant has been issued for a former Samsung Electronics official accused of giving semiconductor technology information to a Chinese chipmaker, as Seoul cracks down effort on industrial espionage.

A judge issued the warrant on Friday, the Seoul Central District Court said in a statement this morning. Prosecutors had sought the warrant on Wednesday on suspicion the unidentified official gave information related to 18-nano DRAM memory chip technology to China’s Changxin Memory Technologies (CXMT).

Prosecutors said the damage caused by the technology leak could be about 2.3 trillion won (RM8.2 billion), the Korea Economic Daily newspaper reported, adding that the case also involves dozens of others from Samsung Electronics’ suppliers.

Samsung, the world’s top memory chipmaker, said it had no comment.

Advertisement

Hefei-based CXMT declined to comment on the matter specifically but said in a statement it respects intellectual property rights and has a robust mechanism to prevent the inflow of third-party information from its employees.

Owned by state-backed parent Innotron Memory, CXMT is China’s leading maker of DRAM memory chips.

The man left Samsung for CXMT in 2016, local media have reported. Prosecutors and the court declined to comment on whether he still works for CXMT.

Advertisement

Prosecutors declined to comment on the reported extent of the damage from the leak.

In South Korea’s crackdown on industrial espionage, another former Samsung official is on trial accused of stealing company information to help a client set up a chip factory in China. The defendant, Choi Jinseog, denies the charges and is out on bail. — Reuters

These were the details of the news Arrest warrant issued for ex-Samsung Elec official over chip tech leak for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Deadly floods sweep China’s north and west as ‘Plum Rains’ trigger red alerts, evacuations
NEXT Who picks the next Dalai Lama? A spiritual question with global stakes

Author Information

I am Jeff King and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Al-KhaleejToday.NET with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category. Address: 383 576 Gladwell Street Longview, TX 75604, USA Phone: (+1) 903-247-0907 Email: [email protected]