July 31, 2007
Koreans accused of leaking shipbuilding secrets to China
Four ex-employees of South Korean shipbuilding firms have been indicted for allegedly trying to leak world-class shipbuilding technology to China, reports Korea's Yonhap news agency. The leak could have caused a loss of 35 trillion won (US$38 billion), prosecutors said Tuesday.
The group included a former chief engineer of a leading South Korean shipbuilder identified only by his family name "Eom," they said.
The Korean Broadcasting Service reports that the engineer is suspected of trying to sell to Chinese shipbuilders one-thousand computer files on all essential shipbuilding technologies, which he is said to have stolen when retiring from his former employer.
According to an AFP report, Eom, moved to a local ship-design firm that has launched a joint venture with China's Qingdao city government to build a large shipyard. He was scheduled to leave for China in late July to work on the project.
Separately, prosecutors also indicted three other former employees of the same Korean shipbuilder, accusing them of handing over other confidential business data to Eom's ship-design firm.