SEOUL, Nov. 18 (Korea Bizwire) — Efforts are underway to mandate the signing of confidential maintenance contracts when big firms receive technical data from their subcontractor small and medium-sized enterprises (SMEs). The Ministry of SMEs and Startups announced on Tuesday that the revision of the law to promote mutual cooperation between large companies and SMEs [...]
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 [...]
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 [...]