Wednesday, December 2, 2015   

Japanese stole Toshiba secrets for Korea’s Hynix
(03-13 18:28)

Japanese police have arrested an engineer who allegedly leaked Toshiba trade secrets to South Korean chipmaker SK Hynix, reports said.
Yoshitaka Sugita, 52, was taken into custody over allegations that he copied sensitive research data for Toshiba's NAND-type flash memory and handed it to the rival firm, major Japanese media including public broadcaster NHK reported.
In 2008, Sugita was working for Toshiba partner SanDisk where he copied the sensitive data about Toshiba's key technology – used in smartphones and digital cameras – and later passed it to his new employer Hynix, the reports said.
Sugita no longer works for the South Korean firm, they added.
Police declined to immediately confirm the arrest or comment on the media reports. –AFP

Other Business breaking news:
Eurozone jobless ranks shrink to new low (12-01 19:16)
Bailout fund plugs 2.7b euro shortfall at Greek bank (12-01 18:37)
Chinese consortium plows US$400m into Man City (12-01 18:32)
Hang Seng, Shanghai stocks close higher (12-01 17:23)
Financial markets await Draghi’s holiday season surprise (12-01 17:19)
Coca-Cola funded controversial anti-obesity group winds up (12-01 14:14)
Amazon says drones will deliver 5 pound packages (12-01 14:10)
Australia keeps rates at 2pc (12-01 14:07)
Samsung shoves aside mobile unit boss Shin Jong Kyun (12-01 14:04)
China factory output hits new low, services improve (12-01 14:00)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.