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Semiconductor Shockwaves: Alleged Leak of Samsung’s Core Technology to Chinese Firm Raises Concerns of Industrial Espionage

SEOUL, Dec. 17 (Korea Bizwire) –Just three weeks ago, on November 29, local media reported the independent development of LPDDR5 DRAM by a Chinese semiconductor company, causing a sense of crisis. ChangXin Memory Technologies, a prominent Chinese DRAM semiconductor company, claimed to have independently developed and mass-produced LPDDR5 DRAM memory chips. If these reports hold [...]

Police to Form New Task Force on Industrial Espionage

SEOUL, Dec. 4 (Korea Bizwire) — Police will establish a new task force on industrial espionage to better counter a growing leakage of sensitive technologies, officers said Monday. The counter-espionage economic security investigation team, which will combine an existing relevant task force and a foreign affairs team, will not only probe technology leaks but detect [...]

77 Industrial Spies Nabbed in 3-month Crackdown: Police

SEOUL, June 11 (Korea Bizwire) — A total of 77 people have been arrested in connection with 35 industrial espionage cases during an intensive crackdown, police said Sunday. The National Police Agency (NPA) conducted the crackdown on industrial espionage activities from Feb. 1 to May 31. Out of the 77 arrests, 27 cases involved corporate [...]

Hyundai’s Carmaking Secrets Allegedly Leaked to Chinese Firm

SEOUL, Sept. 18 (Korea Bizwire) — Prosecutors said Thursday they have indicted 10 people on charges of leaking component blueprints of Hyundai Motor Co., the country’s top carmaker, for the development of a Chinese automobile. The Seoul Central District Prosecutor’s Office said a 30-year-old man, identified only by his surname Cho, is suspected of siphoning [...]