Former Samsung Execs Allegedly Stole Chipmaking Tech For China

Quick Summary:

The Seoul Metropolitan Police Agency stated that the persons involved stole more than KRW4.3 trillion (~RM13.89 billion) to build a copycat chipmaking plant in China.

Two former Samsung officials have been arrested by South Korean authorities on the suspicion that that they worked together with local Chinese officials to steal chipmaking technology.

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Article Details

Author / Journalist: Ikmal Rozlan

Category: Technology

Markets: MalaysiaChinaSouth Korea

Topics: News Samsung China Chip war

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 08:46:19 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: lowyat.net

Language: English

Article Length: 221 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Lowyat.net

News ID: 22457059

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About Lowyat.net

Main Topics: Technology

Official Website: lowyat.net

Update Frequency: 9 posts per day

Year Established: 2002

Headquarters: Malaysia

News Last Updated: 9 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #46

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