Update: Court Grants Exec Bail in Industrial Espionage Case

A South Korean court has granted bail to a former executive of Samsung Electronics accused of stealing sensitive information developed by the technology giant, court records showed on Tuesday.

In a case that underscores the country's efforts to crack down on industrial espionage, prosecutors have alleged that the former executive Choi Jinseog, a South Korean chip expert, stole information formulated by the world's top memory chipmaker to help his client set up a chip factory in China. more