Investi Stratix
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
No Result
View All Result
Investi Stratix
No Result
View All Result

South Korean chip executive detained again over alleged technology leak to China

by
September 6, 2024
in Economy
0
South Korean chip executive detained again over alleged technology leak to China

By Ju-min Park

SEOUL (Reuters) – A South Korean executive accused of stealing semiconductor information developed by Samsung Electronics (KS:005930) has been detained again on fresh allegations related to the theft of chip processing technology, a court official and his lawyer said on Friday.

The Seoul Central District Court issued a warrant to detain Choi Jinseog on Thursday due to concerns he was a flight risk, said a court official, who declined to provide further details.

Choi, a former Samsung executive who ran a chipmaking venture in China, has already been the subject of a high-profile industrial espionage trial since July 2023 and was arrested and released on bail last November. He has rejected those charges.

He now faces new allegations of being involved in stealing information related to 20-nanometre DRAM chip processing from Samsung, Kim Pilsung, Choi’s lawyer, told Reuters.

Kim said his client denied any wrongdoing and the information he is accused of stealing is publicly available.

Choi has not been indicted over the new allegations, his lawyer said.

Samsung declined to comment.

In a case that underscores South Korea’s efforts to crack down on industrial espionage and slow China’s progress in chip manufacturing, Choi was indicted in June 2023, accused of seeking to build a copycat chip factory in China with sensitive information developed by Samsung.

The award-winning engineer was once seen as a star in South Korea’s chip industry.

After being freed on bail, Choi told Reuters in April that police were investigating him and one of his former employees, an ex-Samsung worker, over fresh allegations related to Samsung’s chip processing technology.

This post appeared first on investing.com
Previous Post

Factbox-How Wall Street firms see US jobless rate shaping Fed rate cut

Next Post

Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

Next Post
Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

Subscribe to InvestiStratix.com

    Popular News

    Brazil Central Bank sees inflation near target by 2027, trims 2025–26 forecasts

    Brazil Central Bank sees inflation near target by 2027, trims 2025–26 forecasts

    June 27, 2025
    Donald Trump’s tariff deadline looms as India-US trade deal faces hurdles

    Donald Trump’s tariff deadline looms as India-US trade deal faces hurdles

    June 27, 2025
    How billionaire Caltagirone could influence Italy’s banking M&A wave

    How billionaire Caltagirone could influence Italy’s banking M&A wave

    June 27, 2025
    Boy, that escalated quickly!

    Boy, that escalated quickly!

    June 26, 2025
    Trump says he is considering 3 or 4 people to succeed Powell as Fed chair

    Trump says he is considering 3 or 4 people to succeed Powell as Fed chair

    June 26, 2025

    Trending News

    Brazil Central Bank sees inflation near target by 2027, trims 2025–26 forecasts

    Brazil Central Bank sees inflation near target by 2027, trims 2025–26 forecasts

    June 27, 2025
    Donald Trump’s tariff deadline looms as India-US trade deal faces hurdles

    Donald Trump’s tariff deadline looms as India-US trade deal faces hurdles

    June 27, 2025

    Popular News

    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      June 27, 2025
    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      June 26, 2025

    About Us

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investistratix.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Economy
    • Forex
    • Stock
    • Editor’s Pick

    Copyright © 2025 investistratix.com | All Rights Reserved