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Exec tried to set up copy-cat Samsung fab in China
By David Manners, ElectronicsWeekly (June 12, 2023)
A 28-year veteran of the Korean chip industry with stints at Samsung and Hynix has been arrested and indicted for a failed attempt to set up a copycat Samsung fab a mile away from a genuine Samsung fan in Xian, China.
The project, which was backed by an unnamed Taiwanese company, collapsed through lack of funds. The backer had originally promised $6 billion.
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