Exec tried to arrange copy-cat Samsung fab in China

The challenge, which was backed by an unnamed Taiwanese firm, collapsed by means of lack of funds. The backer had initially promised $6 billion.

“It’s so severe that it’s troublesome to check it when it comes to the size of the crime and the diploma of injury with earlier particular person semiconductor know-how leakage instances,” stated the Korean prosecutors.

The try to arrange the copy-cat fab ran from 2018-9 earlier than operating out of cash and the exec then bought  a Chengdu fab to make prototype ICs designed by Samsung. 

The exec, who labored for 18 years for Samsung, is alleged to have arrange a number of semiconductor corporations in Singapore and China backed by each Chinese language and Taiwanese cash.

He's stated to have recruited over 200 semiconductor engineers from Korean comoanies.

“It’s a grave crime that might deal a heavy blow to our financial safety by shaking the muse of the home chip business at a time of intensifying competitors in chip manufacturing ,“ stated the prosecutors.

Six different individuals, alleged accomplices within the crime, have additionally been indicted.

“We'll strongly take care of any leakage of our know-how overseas, and strongly reply to unlawful league of one of the best corporations name applied sciences in semiconductor car, and shipbuilding sectors, amongst others,“ stated the Seoul police.