Two Samsung Executives Arrested for Industrial Espionage

Two former Samsung executives, identified as Choi and Oh, have been arrested in South Korea for allegedly stealing technology valued at $3.2 billion to establish a semiconductor factory in China, called Chengdu Gaozhen. Choi, a former Samsung executive and CEO of the joint venture, is accused of leaking Samsung's 20-nanometer chip technology while recruiting South Korean chip experts. Oh, a former senior researcher at Samsung, was involved in the factory's design and played a crucial role in the theft. The arrests come amid rising tensions in the global chip industry, with accusations of industrial espionage highlighting concerns over national competitiveness. South Korean police are investigating further to determine if additional technology thefts occurred. This incident follows previous arrests related to Samsung's trade secrets, indicating ongoing issues with intellectual property security in the tech sector.