Tokyo police to probe leak of Toshiba chip technology - paper

TOKYO Thu Mar 13, 2014 9:27am IST

A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/Files

A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012.

Credit: Reuters/Yuriko Nakao/Files

Related Topics

Stocks

   

TOKYO (Reuters) - Tokyo police will probe a suspected leak of Toshiba Corp (6502.T) technology to a South Korean company that relates to the top Japanese chipmaker's flagship memory chips, the Yomiuri newspaper reported on Thursday.

The paper also said police had obtained a warrant for the arrest of a former engineer at a Toshiba-affiliated chipmaker who was suspected of improperly providing technical data to SK Hynix Inc (000660.KS).

A Toshiba spokesman said the company could not comment on the matter while it is the subject of a police investigation. Tokyo police declined to comment.

A Hynix spokesman said the company was checking the report and had no further comment.

This would mark Japan's first criminal investigation into a leak of advanced technology from the IT sector overseas, the paper said.

Chief Cabinet Secretary Yoshihide Suga, asked about the report at a regular news conference, said it was extremely important for Japan to protect its advanced technology and prevent it from leaking overseas.

Yomiuri quoted investigators as saying the former employee was suspected of providing information relating to Toshiba's NAND flash memory technology to SK Hynix Inc after he started working at the South Korean company.

NAND memory chips, used to store data in smartphones and tablets, are a key source of profit for Toshiba, whose key competitors in the business include South Korea's Samsung Electronics Co Ltd (005930.KS) and U.S. chipmaker SanDisk Corp

(SNDK.O).

Toshiba's shares fell 1.3 percent on Thursday to 454 yen, compared with a 0.5 percent rise in Tokyo's benchmark Nikkei average .N225.

(Reporting by Kaori Kaneko; Additional reporting by Miyoung Kim in Seoul; Editing by Dominic Lau, Edmund Klamann and Michael Urquhart)

FILED UNDER:

Hack Attack

REUTERS SHOWCASE

Nifty Above 8,600

Nifty Above 8,600

Nifty hits record high above 8,600; state-run lenders gain  Full Article 

Indian in Iraq

Indian in Iraq

India says no contact with 39 men held by Islamic State in Iraq.  Full Article 

Sahara Issue

Sahara Issue

Sahara looks to raise $650 million loan to fund bail.  Full Article 

Bhopal Tragedy

Bhopal Tragedy

Bhopal's toxic legacy lives on, 30 years after industrial disaster.  Full Article 

Essar Group

Essar Group

Exclusive - Essar's planned oil-for-steel deal tests Iran sanctions  Full Article 

Islamic Fund

Islamic Fund

India gets new Islamic equity fund but debt market still off-limits  Full Article 

Fiscal Deficit

Fiscal Deficit

April-October fiscal deficit nears 90 pct of full-year target  Full Article 

Oil Prices

Oil Prices

Oil hits new four-year low post OPEC as glut looms  Full Article 

Gold Imports

Gold Imports

India eases gold import rule in surprise move.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage