Ex-Samsung Exec Accused of Stealing Data for Copycat Chip Plant in China

A former Samsung executive has been accused of stealing confidential semiconductor data to build a copycat chip facility in China. The defendant has been arrested and accused of violating industrial technology protection laws and stealing trade secrets from 2018 to 2019 to establish a copy of Samsung’s semiconductor plant. The ex-Samsung exec’s attempt to build the copycat chip plant allegedly fell through after his backer canceled more than a $6 billion investment into the project. Prosecutors indicted six other people who are allegedly the ex-Samsung official’s accomplices.