South Korean police have arrested two former Samsung executives suspected of leaking Samsung secrets worth $3.2 billion to China.
One of the arrested suspects, 66-year-old Mr. Choi, set up a joint venture building chips in China with some local officials and served as its CEO (via Bloomberg).
According to allegations, a plant designer, Mr. Oh, assisted Mr. Choi in the venture.
The suspects are suspected of trying to build 20nm DRAM chips at the Chinese factory in Chengdu.
Samsung is one of the world’s leading memory chip manufacturers.
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