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Market Chatter: South Korea Flags 107 Industrial Tech-Related Data Leaks in Past Five Years

MT Newswires Live12:35

South Korea has identified 107 cases of industrial technology data being leaked within the past five years, with semiconductor technologies making up 40 of such instances, Yonhap News Agency reported Sunday, citing data from the National Intelligence Service (NIS).

Other leaks include 21 for display technologies, 10 for electrical and electronics technologies, seven for automotive technologies and six for shipbuilding technologies, the report cited NIS data forwarded by the Ministry of Trade, Industry and Resources to the National Assembly.

Core technologies, which are seen as critical to national security and the economy, accounted for 31 cases, the report cited the data as saying.

One case was about an alleged leak of Samsung Electronics' (KRX:005930) 18-nanometer DRAM manufacturing technology, a core technology, by an ex-manager to China-based ChangXin Memory Technologies (SHA:688825), the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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