How may chip technology leaks be avoided? The Korean government creates a database to track the travels of engineers!

How may chip technology leaks be avoided? The Korean government creates a database to track the travels of engineers!
2 min read
2 years ago

In the last five years, there have been 397 occurrences of technology leaking in South Korea, according to data. The majority of the 112 trade secret disclosures previously probed were connected to semiconductor and display technologies.

In South Korea, there is a rising tendency of fundamental technology leaks, which will have a significant impact on high-tech corporations such as Samsung Electronics. According to South Korean legislation, if the country's key technology is leaked overseas, it might have major consequences for national security and economic development.

As a result, the Korean government places a high priority on preventing technology leaks. The Korean government hopes to achieve its goal of developing a database of engineers in order to reduce the frequency of similar accidents.

Furthermore, anybody who violates trade secret legislation in South Korea will face harsher penalties, including three years in prison or more for those who leak information to international firms.

As a result of mergers and acquisitions, the Korean government is also concerned about the prospect of technology leakage. Foreign companies that control more than 50% of the equity in Korean companies with cutting-edge technology are now required to be scrutinized. The Korean government plans to reduce this threshold to 30%.

The US government and corporations are similarly concerned about the leakage of semiconductor technology. The US, on the other hand, is too anxious about crucial technology flowing to China. In recent years, the United States has grown increasingly concerned about China's rapid technological development.

Micron Technology, a US memory chip company, said at the end of January that its DRAM design business section in Shanghai will be shut down by the end of the year. According to industry observers, Micron is concerned about the loss of critical technology in China.

In Shanghai, Micron has a DRAM design team of 150 individuals. According to reports, certain essential workers may be eligible for transfer and family immigration to the United States or India.

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