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Sep 11, 2024 - 11:12
By scmp.com

South Korea’s China-linked US$4 billion tech theft triggers outcry for tougher penalties

According to the Seoul Metropolitan Police Agency, the 66-year-old Choi established a joint venture, Chengdu Gaozhen (CHIS), in collaboration with a district government in Chengdu city in 2020.

The district government contributed US$342 million in capital, while Choi recruited “Mr O”, a senior DRAM memory chip researcher from Samsung, along with about 200 other Korean engineers to operate the plant.