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Submarine Blueprints Developed by Daewoo Shipbuilding & Marine Engineering Leaked to Taiwan, Police Investigation Underway

GEOJE, Jan. 4 (Korea Bizwire) –Daewoo Shipbuilding & Marine Engineering, currently known as Hanwha Ocean, is embroiled in a security breach involving the leak of submarine blueprints to Taiwan, with the South Korean police conducting an investigation. According to police reports on January 4, the South Gyeongsang Provincial Police Agency has begun an investigation into [...]

Former Samsung Employee Faces Indictment Over Suspected Leak of Chip Technology to Chinese Company

SEOUL, Jan. 3 (Korea Bizwire) – Prosecutors indicted a former employee of Samsung Electronics Co. on Wednesday on charges of leaking key semiconductor technologies of the tech giant to a Chinese company in return for money, officials said. The Seoul Central District Prosecutors Office indicted the employee surnamed Kim, who formerly served as a department [...]

Industrial Spies Arrested After Attempted Sharing Samsung Refrigerator Secrets with China

SEOUL, July 21 (Korea Bizwire) – The Suwon Regional Prosecutors’ Office announced that it had detained two industrial spies, who tried to send parts from a Samsung Electronics’ refrigerator to Chinese manufacturers. In addition, it indicted a former Samsung worker who delivered classified material related to investments in its refrigerator manufacturing facilities. The prosecutors’ office [...]