this post was submitted on 11 Sep 2024
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South Korean police have arrested two former Samsung executives suspected of leaking Samsung secrets worth $3.2 billion to China. The authorities reported that one of the arrested suspects, 66-year-old Mr. Choi, set up a joint venture building chips in China alongside some local officials and served as its CEO (via Bloomberg). He was allegedly assisted by a plant designer, Mr. Oh, in this venture, while he also attempted to recruit other South Korean experts to work for him.

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[–] [email protected] 17 points 6 days ago

Look at Samsung's history. This is their MO, it's how they became the Samsung we know today - straight up steal actual product designs, not just concepts, not just copy closely, a compete steal, and sell until arrested.

Search "samsung employees swallow evidence"

Fun times.

[–] [email protected] 8 points 6 days ago (1 children)

Good they got caught, good that they leaked important tech from the walled garden of Samsung. All around fantastic news.

[–] [email protected] 14 points 6 days ago (2 children)

too bad they got leaked to china where they will remain

[–] [email protected] 3 points 6 days ago

idk, China is pretty good at providing cheap electronics at least. But certainly would be better if they were more properly leaked.

[–] [email protected] 1 points 5 days ago* (last edited 5 days ago)

I feel like you could eventually buy the specs off ali baba after every factory gets their hands on it lol

[–] [email protected] -2 points 6 days ago

Bloomberg - News Source Context (Click to view Full Report)Information for Bloomberg:

MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
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Search topics on Ground.Newshttps://www.bloomberg.com/news/articles/2024-09-10/ex-samsung-execs-arrested-for-allegedly-stealing-tech-for-china?sref=HrWXCALa
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