Two top executives of a major Korean electric power business illegally brought more than $1.8 billion in trade secrets with them when they joined a rival company earlier this year, according to Korea Times. Two high-ranking officers at STX Heavy Industries were arrested earlier this month on charges of stealing key technology data from their former employer, Doosan Heavy Industries & Construction.
The accused allegedly took about 900 documents — including blueprints of Doosan’s electric power generation and desalination plants — by copying them onto USB ports “for some time” while he was employed there, prosecutors said.
The value of the technological know-how leaked by the two to STX could be at least 1.7 trillion won — more than $1.8 billion dollars.
