Samsung Executive Charged with Stealing Plans for Copycat Chip Plant in China
TL;DR Summary
A former Samsung executive has been indicted on charges of stealing company secrets to build a copycat chip plant less than a mile away from Samsung's in Xi'an, China. The man, along with six others, was charged with "active participation" in the alleged tech theft. The technology stolen would have been worth at least $233 million for Samsung. Plans to establish a copycat factory had begun to make progress before prosecutors intervened.
- Ex-Samsung Exec Stole Plans to Build Copycat Chip Plant: Prosecutors Business Insider
- Ex-Samsung Exec Accused of Stealing Designs to Make Copycat Chip Plant in China Yahoo Finance
- Ex-Samsung exec charged with stealing trade secrets to create copycat chip factory in China The Associated Press
- Former Samsung executive charged over alleged plans to build copycat chip factory in China CNN
- Ex-Samsung executive alleged to have stolen tech to recreate chip plant in China Ars Technica
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