South Korea expands way law to protect national chip technology
· Technology · Reuters, Economic Times
South Korea has enacted amendments to its espionage law to broaden the protection of national core technologies, including semiconductors. Previously, the law only penalised the leaking of state secrets to way foreign countries. The new framework allows authorities to prosecute individuals for transferring sensitive industrial data to any foreign entity, regardless of its location. This move follows several recent cases of intellectual property theft involving the country's leading tech firms.
Why it matters
The law strengthens the legal shield for South Korea's vital semiconductor industry against industrial espionage and poaching by global competitors.
Read the original report — Reuters
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