South Korea to toughen punishments for technology leaks
South Korea said on Monday it will toughen sentencing for stealing industrial secrets, after concerns that current regulation was not strong enough to deter attempts to funnel technologies from companies like Samsung. South Korea has been cracking down on technology leaks in recent months, as the country seeks to maintain its dwindling lead in memory chips and displays against competitors. South Korea's Sentencing Commission, overseen by the Supreme Court of Korea, decided this month to toughen punishments and lengthen jail times for leaking South Korean Technology , the industry ministry said in a statement on Monday. Details on the new sentencing guidelines are expected early next year. The industry ministry did not say which country it is targeting, but analysts said China is the suspected destination of the bulk of South Korean Technology leaks . Although South Korea's penalties for technology leaks are similar to those in other countries, includ...