Original Samsung Electronics employee admits leaking ipad component shipping data

Sina Science and technology news Beijing Time September 15 noon, the original Samsung (micro-blog) Electronics manager Suk-joo Hwang in Thursday in New York federal court in the trial of insider trading charges confirmed that he had to the insider information broker company Primary Global Research LLC (hereinafter referred to as　　James Fleishman, an executive at "PGR", leaked confidential information about the shipping data on Apple's ipad components. Suk-joo Hwang has served for 14 years in the Samsung Electronics American subsidiary.　　Jed O Lakov, the U.S. District Court judge who is in charge of the case, Jed Rakoff the decision to exempt Suk-joo Hwang from prosecution. Suk-joo Hwang said he had lunch with Fleshman and a hedge fund manager named Greg at a restaurant in California during which he disclosed confidential information about Samsung's shipments to Apple's LCD display.　　Four months after the lunch, Apple's ipad was marketed in the US in April 2010.　　Suk-joo Hwang says he clearly remembers the information about Apple's ipad shipments, which came in December 2009, just before the ipad was released, when they didn't know the name of the tablet, so during the lunch he mentioned the expected shipments of tablets. Fleshman was accused of plotting to instigate public company employees to disclose confidential information to PGR's fund manager clients.　　He has brought a plea of innocence, but if convicted, he will face up to 25 years in prison. Suk-joo Hwang says Samsung Electronics and Seiko Epson (Seiko Epson) and LG display are suppliers of Apple's ipad display. Assistant Prosecutor Antonia O Epps (Antonia Apps) asked Fleshman and fund managers how they reacted when they heard the confidential information, Suk-joo Hwang said they had no knowledge of it before, and the fund manager was thrilled to hear the message.　　He also said that the fact had been made to keep the other person confidential, and remember that Fleshman after listening to nodded.　　Suk-joo Hwang said he had noticed someone watching him while he was talking, fearing that the person was an Apple employee and overheard their conversation. Suk-joo Hwang said he had been a consultant in PGR from 2004 to 2010 and that he had gained about 38,000 dollars as a professional product network advisor.　　He said he was increasingly afraid of being exposed for Apple data leaks, and that shortly after that lunch he learned that Samsung had lost an Apple supply order. After getting a promotion in February 2010, Suk-joo Hwang told PGR executives he wanted to stop the jointFor。 He said PGR executives would allow him to work anonymously and raise consultancy fees from $200 per hour to $350.　　Suk-joo Hwang agreed to this proposal and continued to work for PGR until August 2010.　　Suk-joo Hwang said the Federal Bureau of Investigation ("the FBI") had asked about the work for PGR in October at his home, but he didn't answer truthfully at first. Suk-joo Hwang said he was dismissed by Samsung in June 2011 and received no charges. According to a decree issued by the U.S. District Court Judge Jed O Lakov, Suk-joo Hwang's testimony cannot be used against himself, and only if he admits perjury will he be prosecuted.　　Suk-joo Hwang will continue to testify tomorrow. Chris Goodhart, a Samsung Electronics spokeswoman, declined to comment on Suk-joo Hwang's testimony, and Apple spokeswoman Steve Tanglin (Steve Dowling) declined to comment, Goodhart. (Puma) to share: