The Korean Supreme Court has affirmed a three-year prison sentence for a former CEO of tech firm Toptec following his conviction for divulging Samsung Display Co.'s pivotal 3D lamination technology to Chinese firms in 2018.
The leaked technology, also known as 3D lamination technology, is crucial in crafting curved screen edges for Samsung smartphones. It took Samsung around 150 billion won (US$117.7 million) and six years of dedicated research by a team of 38 engineers to develop this groundbreaking technology.
The former CEO, along with other officials from Toptec Co., a reputable production equipment company, were indicted in April 2018 for leaking the edge panel technology's technical specifications and drawings to a separate company they established. Moreover, they unlawfully sold some of these documents to two Chinese companies.
Additionally, the defendants were charged with manufacturing 24 units of 3D lamination production equipment using the technical drawings provided by Samsung. Sixteen units were exported to Chinese firms, while the remaining units were intended for sale.
The former Toptec CEO and officials were found not guilty by a district court, which claimed that the leaked technology was not a trade secret. However, the ruling was overturned by the appellate court, and the ex-CEO was sentenced to three years in prison. The appellate court argued that the technology fell under the category of frontier technologies identified by the trade ministry. Therefore, it could not be considered public knowledge. Additionally, the appellate court concluded that the defendants had breached their duty to protect business secrets.
In a recent development, the Supreme Court upheld the three-year imprisonment of the former Toptec CEO, solidifying the verdict. Furthermore, two other executives from the company also received a finalized two-year prison term. It is noteworthy that Toptec itself has incurred a fine of 100 million won in this case.
In a separate incident, it has recently come to light that a former Samsung Electronics employee stole trade secrets related to the company's semiconductor chip manufacturing technology. This individual then attempted to utilize this stolen knowledge to establish their own semiconductor chip manufacturing technology in China.
These cases highlight the importance of safeguarding proprietary technology and ensuring its proper use.
Photo: Samsung Newsroom


Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss
Najib Razak Jailed 15 More Years in Landmark 1MDB Verdict With Major Political Impact
Special Prosecutor Alleges Yoon Suk Yeol Sought North Korea Provocation to Justify Martial Law
Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions
Federal Appeals Court Allows Trump’s National Guard Deployment in Washington, D.C. to Continue
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study
Italy Fines Apple €98.6 Million Over App Store Dominance
Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence
DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing
Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement
UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs
Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test
China Revises 2024 GDP Lower After Final Review, Eyes Growth in 2025
Oil Prices Hold Steady in Asia as Geopolitical Tensions Support Market
Democratic Attorneys General Sue Trump Administration Over Proposed Limits on Gender-Affirming Care for Youth
Russian Stocks End Lower as Energy and Mining Shares Weigh on MOEX Index 



