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Indictment Details Ex-Samsung Executive’s Plan to Steal Company Secrets

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When former Samsung executive Choi Jinseog won a contract with Taiwan’s Foxconn in 2018, he tapped his former employer’s supplier network to steal secrets to help his new client set up a chip factory in China, an indictment by South Korean prosecutors alleges.

Prosecutors announced the indictment on June 12, saying the theft caused more than $200 million (roughly Rs. 16.3 crore) in damages to Samsung Electronics, based on the estimated costs…


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