Ex-Samsung Exec Charged With Stealing Trade Secrets to Create Copycat Chip Factory in China

Ex-Samsung Exec Charged With Stealing Trade Secrets to Create Copycat Chip Factory in China
The logo of the Samsung Electronics Co. is seen at its office in Seoul, South Korea on Jan. 31, 2023. Ahn Young-joon/AP Photo
The Associated Press
Updated:
0:00

SEOUL, South Korea — South Korean prosecutors have arrested and indicted a former executive of Samsung Electronics suspected of stealing trade secrets while attempting to establish a copycat computer chip plant in China.

The Suwon District Prosecutors’ Office said Monday that the unnamed 65-year-old unlawfully obtained Samsung’s factory blueprints and clean-room designs from 2018 and 2019 while trying, unsuccessfully, to replicate a chip factory in the Chinese city of Xi’an, near where Samsung operates a plant.