SEOUL : South Korean prosecutors said they indicted a former Samsung Electronics executive on Monday on suspicions of stealing the company's technology to build a chip factory in China.The defendant, who also formerly worked at SK Hynix as a vice president, is accused of illegally acquiring Samsung data t
SEOUL : South Korean prosecutors said they indicted a former Samsung Electronics executive on Monday on suspicions of stealing the company's technology to build a chip factory in China.
The attempt to build the new plant using Samsung data, however, ended in failure due to funding issues, South Korea's Yonhap news agency said. Prosecutors said they estimated the theft of the data to have inflicted at least 30 billion won worth of losses to Samsung Electronics.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korea's An beats top-ranked Yamaguchi for fifth title of 2023SINGAPORE: South Korea's An Se-young won her fifth title this year as she outclassed Japan's world number one Akane Yamaguchi in straight games 21-16, 21-14 to capture the Singapore Open badminton on Sunday (Jun 11). Playing in her eighth consecutive final of 2023, the 21-year-old An added the Singapore cr
Read more »
Man caught 72 floors up while trying to climb South Korea’s Lotte World TowerThe man was climbing the tower with his bare hands. Read more at straitstimes.com.
Read more »
North Korea's Kim vows to 'hold hands' with Putin for strategic cooperationMr Kim made the pledge in a message to Mr Putin marking Russia’s National Day. Read more at straitstimes.com.
Read more »
North Korea's Kim vows to 'hold hands' with Putin for strategic cooperationSEOUL: North Korean leader Kim Jong Un has vowed to 'hold hands' with Russian President Vladimir Putin and bolster strategic cooperation on their shared goal of building a powerful country, state media KCNA reported on Monday (Jun 12). Kim made the pledge in a message to Putin marking Russia's National Day
Read more »
Bank of Korea governor emphasises sophisticated response to growth, financial riskSEOUL : The governor of South Korea's central bank said on Monday a more sophisticated monetary policy was necessary this year, citing risk to growth and financial stability major policy factors.'Going forward, we will have to carry out monetary policy in a more sophisticated manner, taking into account d
Read more »
Teenager who sought to derail South Korea bullet train by placing rock on railroad to be questionedThe railroad section where the rock was placed is used by high-speed trains that run at a maximum speed of up to 300kmh. Read more at straitstimes.com.
Read more »