South Korea court grants ex-Samsung exec bail in industrial espionage case

Posted on:
Key Points

SEOUL, Nov 14 (Reuters) - A South Korean court has granted bail to a former executive of Samsung Electronics (005930.KS) accused of stealing sensitive information developed by the technology giant, court records showed on Tuesday...

In a case that underscores the country's efforts to crack down on industrial espionage, prosecutors have alleged that the former executive Choi Jinseog, a South Korean chip expert, stole information formulated by the world's top memory chipmaker to help his client set up a chip factory in China...

The high-profile criminal case against Choi, an award-winning engineer once seen as a star in South Korea's chip industry, highlights a drive by Seoul to thwart industrial espionage and slow China's progress in chip manufacturing...

You might be interested in

Trial starts for Korean chip exec accused of stealing Samsung secrets for China factory

12, Jul, 23

The trial of a South Korean chip executive accused of stealing sensitive information developed by Samsung Electronics (005930.KS) began on Wednesday in a case that underscores South Korea's crackdown on industrial espionage.

Samsung to build mega chip cluster near Seoul, sets aside $230 billion

15, Mar, 23

Samsung Electronics expects to invest over the next 20 years as part of an ambitious South Korean national project