Fergie's Tech Blog

Seoul’s Tech Spying Crackdown

Via Red Herring.

South Korea’s counter-intelligence agency said it would reorganize itself next month to better crack down on espionage within the country’s burgeoning high-tech weapons industry.

The announcement from the Defense Security Command on Monday follows recent calls from the nation’s top defense officials to boost the defense budget by 11 percent annually over the next 15 years, as well as moves to grow the country’s weapons manufacturing base.

Defense industry analysts said Seoul’s bid to quash industrial spying may have several motivations. Brad Curran, an analyst with Frost & Sullivan, said that while South Korea boasts a first-rate infrastructure for crafting semiconductors, the rest of the country’s defense capability is not that original.

The bulk of South Korea's war machine stems from joint ventures with foreign companies.

posted by Fergie @ 11/29/2005 04:04:00 PM