2 Former Samsung Executives Arrested for Stealing Tech for China

The police estimate that the value of the leaked technologies is about $3.2 billion.

The logo of the Samsung Electronics Co. at its office in Seoul, South Korea, on Jan. 31, 2023. Ahn Young-joon/AP Photo

Two former Samsung employees in high-level tech positions have been arrested and charged with violating the Industrial Technology Act in South Korea. They are accused of leaking advanced chip technology to develop in China.

The Seoul Metropolitan Police Agency’s Industrial Technology Security Investigation Unit made the arrest on Sept. 6, according to local media.