Monday, February 8, 2010

Business Espionage - Samsung v. Hynix

The number of people facing charges related to the passing of process technology secrets from Samsung Electronics Co. Ltd. to Hynix Semiconductor Inc. has risen to 18 according to a Sapa-AP report. 

It was revealed last week that a number of employees at Applied Materials' Korean subsidiary are alleged to have stolen manufacturing process technology details for DRAM and NAND flash memory as well as investment plans for chip production, and passed them to a Hynix employee who has also been indicted. The information was passed to Hynix between March 2005 and December 2009 and has cost Samsung more than $100 million, earlier reports said. (more)