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Korean yards on alert for technology leaks

Korean yards on alert for technology leaks

Seoul: Amid the migration of block building facilities from Korea to China the Korea Shipbuilders' Association (KOSHIPA) intends to create the guidelines for protecting the country's technology within 2007 in light of the worsening outflow of its shipbuilding technology to China and other countries, according to local news reports. In line with this, KOSHIPA on August 28 held a seminar entitled "workshop for the protection of domestic shipbuilding technology". At the seminar, presentations were made by KOSHIPA, as well as delegates from South Korea's Ministry of Commerce, Industry & Energy, National Intelligence Service (NIS) and Hyundai Heavy Industries (HHI), on issues such as the current state of the country's laws on technology protection, the countermeasures being taken by each company toward preserving their technology and the state of technology outflow to other countries.

There have been a number of cases wherein Korean engineers have been indicted for suspicion of leaking such technology. Under South Korean laws, engineers of companies, universities and research institutions who intend to export technology to other countries are required to declare their intention and seek the approval from the government in advance.  [29/08/07]


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