Wednesday, November 4, 2026

Ex-Samsung executive charged for stealing trade secrets worth millions of dollars

The unnamed 65-year-old former Samsung worker is accused of stealing clean-room and factory blueprints from the company in 2018 and 2019.

• June 13, 2023
Samsung South Korea HQ
Samsung South Korea HQ [YouTube/SimplyTech]

A former Samsung executive has been charged in South Korea with stealing trade secrets worth hundreds of millions of dollars.

According to prosecutors, the 65-year-old former Samsung worker is accused of stealing clean-room and factory blueprints from the company in 2018 and 2019.

In the Chinese city of Xian, where Samsung already has a chip factory, the suspect allegedly tried but failed to establish a copycat production facility, according to the Suwon district prosecutor’s office.

The unnamed man, who is being held in custody pending trial, stole data that South Korea regards as “national core technology” — a group of technologies that, if made available to the public abroad, could be hazardous to the nation’s economy and national security.

He was formally charged on Monday, according to the prosecution, after having been in custody for some time.

He was referred to as a “top expert in semiconductor manufacturing” and had been employed in the field for many years.

According to South Korean authorities, Samsung would have paid at least $236 million for the information that was allegedly stolen.

“It is a serious crime that can have a tremendous negative impact on our economic security by shaking the foundation of the domestic semiconductor industry at a time when competition for chip production is intensifying every day,” prosecutors said in a statement on Monday.

“The semiconductor industry accounted for 16.5% of South Korea’s total exports in 2022… and is a national security asset.”

Along with the executive, six others have been charged with theft-related offenses.

China informed operators of “critical information infrastructure” last month to stop purchasing Micron’s products after the American chip giant was found to have failed a national security review.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Enugu Air

Economy

Enugu Air gets approval for Lagos-London Gatwick route

According to the statement, the approval marks a step in Enugu Air’s expansion into the international market.

States

Three suspected kidnappers killed in Kogi

Troops noted that the kidnappers were killed during an operation in the Igalamela/Odolu Local Government Area of Kogi State.

Former Vice-President Atiku Abubakar

NationWide

I will end insecurity if elected president in 2027: Atiku

Mr Atiku stated, “Nigerians are tired of hunger, fear, and broken promises.”

WHO

NationWide

WHO says climate, health interventions can save 1.6 million lives annually

The WHO Director-General, Tedros Ghebreyesus, described climate crisis as a health crisis.

Yobe State Governor, Mai Mala Buni

States

Yobe constructs, rehabilitates 627 schools, recruits 4,000 teachers: Gov. Buni

The governor said the interventions were part of his administration’s deliberate efforts to revive the education sector.