SEOUL (Reuters) – South Korea will certainly prepare more powerful steps in a quote to stop abroad leakages of company tricks in the middle of magnifying competitors for sophisticated modern technologies, the financing priest stated on Thursday.
“We will prevent illegal leaks of advanced technologies to raise the global competitiveness of our companies and strengthen technology leadership,” Minister Choi Sang- mok stated.
The federal government will certainly establish a “big data” system focused on avoiding modern technology leakages at the license company and present brand-new policies to make certain more powerful penalty for wrongdoers, Choi stated. He did not define what the more powerful charges would certainly be under the brand-new policies.
In the previous 5 years, there have actually been 97 efforts to leakage company tricks to an international nation, with 40 of them in the semiconductor market, according to the National Intelligence Service.
If effective, they would certainly have led to a failure to the nation of around 23 trillion won ($ 16.85 billion), the spy company quotes.
Last month, a South Korean executive charged of swiping semiconductor details created by Samsung Electronics was restrained once again on fresh claims associated with the burglary of chip handling modern technology.
South Korea in the last few years has actually marked a total amount of 12 sectors as “national strategic technologies” with targeted financial backing and security to reply to magnifying worldwide competitors and fragmentation of supply chains.
They consist of sectors such as semiconductors, rechargeable batteries, aerospace and expert system, to name a few.
($ 1 = 1,364.9300 won)
(Reporting by Jihoon Lee; Editing by Ed Davies)
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