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Former Samsung Executive Indicted for Facilitating Tech Talent Transfers to Chinese Semiconductor Firm

Former Samsung Executive Indicted for Facilitating Tech Talent Transfers to Chinese Semiconductor Firm

SEOUL, Dec. 20 (Korea Bizwire) – A former Samsung executive has been indicted for arranging the transfer of key semiconductor experts to a Chinese company in exchange for approximately ₩300 million ($207,000) in referral fees. The Seoul Central District Prosecutors’ Office announced the charges on December 20, citing violations of the Employment Security Act and the [...]

KAIST Professor’s Appeal Hearing for Leaking Autonomous Vehicle Technology to China Scheduled for May

KAIST Professor’s Appeal Hearing for Leaking Autonomous Vehicle Technology to China Scheduled for May

SEOUL, April 7 (Korea Bizwire) — A professor at the Korea Advanced Institute of Science and Technology (KAIST) who received a suspended prison sentence for leaking self-driving car technology to China is set to appeal the verdict after a year and eight months. The case was severely criticized by lawmakers during a parliamentary audit of [...]