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Chinese chipmaker CXMT in crosshairs of South Korean prosecutors over Samsung tech leak [Yahoo! Finance]
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The Seoul Central District Prosecutors' Office on Tuesday said five people had been arrested, including a former Samsung executive who allegedly recruited key personnel and leaked the company's proprietary technology to CXMT, according to a report by Yonhap News Agency. They face charges for violating the country's Unfair Competition Prevention Act and the Industrial Technology Protection Act, according to the prosecutor's Information Technology Crime Investigation Department. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Another five individuals, including CXMT employees, were indicted without detention on the same charges, the Yonhap report said. South Korean prosecutors alleged that CXMT recruited a former Samsung vice-president as a research department head soon after the Chi
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