An ex-Samsung executive has been indicted on charges of stealing company secrets for a chip plant. The 65-year-old man tried to use the stolen plans to build a copycat facility, prosecutors said. The copycat chipmaking plant would have been less than a mile from Samsung's in Xi'an, China. A former Samsung executive stole blueprints and trade secrets from his ex-employer — and then tried to set up a microchip factory in China less than a mile away from Samsung's own, prosecutors said. The technology prosecutors said was stolen by the man's China-based company would have been worth at least $233 million for Samsung.

---

Persons: —, wasn't, China —, Yonhap, … Organizations: Samsung, Morning, South, AP, Prosecutors, Korean Herald, SK Hynix Locations: Samsung's, Xi'an, China, Korea, South Korean, South Korea, Suwon, Singapore