Samsung Ex-Executive Arrested for Alleged Chip Tech Theft #1674

I am sure, in a bid to steal tech for the Chinese. A former Samsung Electronics executive, who previously served as vice president at SK Hynix, has been indicted in South Korea for purportedly stealing chipmaking technology to build a duplicate factory in China. The arrest is part of South Korea’s measures to safeguard its high-tech industry against acquisition attempts by Chinese companies. Prosecutors allege that the accused, backed by 200 employees from his former employers, plotted to construct a copycat semiconductor factory in China, causing an estimated loss of $230 million for Samsung. The scheme could have caused irreparable damage to the Korean semiconductor industry if successful. This incident underscores the escalating tech rivalry between the US and China, with Korean expertise in critical technologies often caught in the crossfire. Once again, innovation in China involves simply stealing the tech. This happens regularly, in this author’s opinion.

Subscribe to the Newsletter.
Join the Chat @ GeekNews.Chat
Email Todd or follow him on Facebook.
Like and Follow Geek News Central Facebook Page.
Geek Central Discord Channel
Download the Audio Show File

Show Notes:

• 12:52–Reddit suffers a major outage
• 19:28–AT&T adopts Google’s RCS platform
• 07:03–Ex-Samsung executive alleged to have stolen tech
• 20:02–Florida man gets a flesh-eating infection
• 21:42–What will Apple’s vision for Apple Vision be in 2025?
• 22:58–Artificial photosynthesis could help astronauts
• 24:45–Musk stiffing on Google
• 14:34–Read the new Twitter CEO’s first email to employees
• 25:44–Google’s ad tech dominance
• 27:01–Boeing IP lawsuit
• 29:02–Robinhood’s crypto trading volume falls 68%
• 09:29–Lawyers cited fake legal cases from GPT and blamed the software
• 29:23–Work-from-home mandates bad for staff morale
• 30:50–The FTC will try to block Microsoft
• 31:17–Beams from the brightest gamma-ray pointed at Earth
• 32:01–Grubhub lays off 15% of its employees
• 32:18–NYC sets an $18 per hour wage for food delivery workers
• 33:17–Pink Drainer
• 33:59–Australian retailers deploy AI software
• 36:12–Titanic asteroid the size of 84 orcas, passed Earth
• 36:28–Italian supervolcano may erupt after more than 500 years
• 37:04–SpaceX launches another 52 Starlink internet satellites 
• 37:17–NASA to the rescue
• 37:57–This retro gaming console
• 38:26–American Truck Simulator players are being recruited
• 18:23–LG Gram SuperSlim

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | Android | Podcast Index | RSS | More

https://media.blubrry.com/geeknewscentral/media.blubrry.com/geeknewsvid/ins.blubrry.com/geeknewsvid/GNC-2023-06-12.mp4?_=1

Podcast (video): Play in new window | Download | Embed

Subscribe: Apple Podcasts | Android | RSS | More