stealing technology Archives | Be Korea-savvy
Man Arrested for Secretly Transferring Classified Technology to China

Man Arrested for Secretly Transferring Classified Technology to China

CHANGWON, Sept. 14 (Korea Bizwire) — A man in his 40s who secretly transferred to China the floor plans of a facility that helps reduce air pollution owned by a Korean company has been arrested. The Gyeongnam Provincial Police Agency’s international crime investigation division said yesterday that it had arrested a 42-year-old man who was [...]

New Policy Mandates Harsh Penalties for Technology Theft from SMEs

New Policy Mandates Harsh Penalties for Technology Theft from SMEs

SEOUL, Sept. 6 (Korea Bizwire) — A new measure that would punish large corporations or public institutions for stealing technology owned by small and mid-sized companies is being pushed forth by the government. According to the proposed policy, organizations would have to pay 10 times the estimated value of the technology if found to have [...]