fbpx
Samsung Logo IFA 2022

Credit: Robert Triggs / Android Authority
  • An unnamed former Samsung executive has been arrested.
  • It’s alleged that the ex-executive stole blueprints, poached employees, and had plans to build a rival chip factory.
  • The stolen corporate secrets are estimated to be worth $233 million.

Samsung has had its hands full with guarding company secrets as of late. Earlier this year, it was discovered that employees were giving away source code information to ChatGPT. Now the corporation is dealing with a new problem that involves semiconductor blueprints and a former executive.

An unnamed former Samsung executive was arrested last month and charged with stealing trade secrets, according to Gizmodo. Those secrets are said to be “basic engineering data” and clean room designs from August 2018 to 2019. The secrets the defendant stole are estimated to be worth $233 million. The unidentified 65-year-old was reportedly planning to use the information to build his own rival semiconductor factory in Xian, China.