Ex-Samsung execs reportedly arrested for stealing company IP
Briefly

The Seoul Metropolitan Police arrested two former Samsung employees accused of stealing $3.2 billion worth of intellectual property to establish a chip factory in China.
Allegations suggest that the detained individuals collaborated with Chinese officials on a venture named 'Chengdu Gaozhen,' aiming to replicate Samsung's semiconductor technology.
The police reported that the former Samsung senior researcher played a crucial role in acquiring Samsung's proprietary 20-nanometer chip technology, significantly affecting the economic landscape.
Investigations are ongoing into potential additional employees linked to Chengdu Gaozhen, probing if further technology theft occurred in relation to the South Korean semiconductor industry.
Read at Theregister
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