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Australia smashes South Korean spy ring

kawaraj

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SYDNEY (AFP) - A South Korean spy ring has been uncovered in Australia trying to cultivate public servants to obtain trade secrets, a report said Thursday, but officials insisted relations with Seoul remained robust.

The Sydney Morning Herald said previously suppressed information revealed that South Korea's National Intelligence Service (NIS) had sought "to obtain sensitive information" on trade negotiations between Canberra and Seoul.

It reported that the Australian Security Intelligence Organisation (ASIO) alleged that a senior Australian agricultural trade specialist was involved in "foreign interference" by the Korean spies and had been "successfully cultivated".

Australia smashes South Korean spy ring: report - Yahoo!7

Be aware of these S.Korean espionage, personally I know such company as Samsung is also spying in most countries. South Asia could be a vulnerable place for these activities.
 
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This is very shocking news, especially from a country that is considered a friend of Australias.
 
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Australia smashes South Korean spy ring: report - Yahoo!7

Be aware of these S.Korean espionage, personally I know such company as Samsung is also spying in most countries. South Asia could be a vulnerable place for these activities.

It's not a defence spy. it's a business tactics commonly practiced by all the nations and companies all over the world. Even the intra-national companies also having spies or eavesdrop etc., So it's not a big issue. And its full of media hyped sensational news but not worth at all.
 
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Everybody spies on everybody else.
No need to get worked up.
 
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If you have contacts with Korean firms, you know they have no sense of shame in their profit grabbing.

TAIPEI, Taiwan (AP) -- The head of Taiwanese electronics giant Foxconn Technology Group questioned the European Union decision to exempt Samsung Electronics Co. from price-fixing fines for makers of LCD panels, accusing his South Korean rival of being the cartel's main culprit.

Terry Gou's comments came after the EU competition watchdog fined South Korea's LG Display and four Taiwanese manufacturers euro649 million ($863 million) Wednesday for fixing prices on the flat-screen panels between 2001 and 2006.

Samsung, the world's biggest LCD maker, also participated in the price fixing but escaped a fine because it blew the whistle on the cartel, according to the European Commission.

Foxconn does not make LCD panels, but Gou is a major shareholder of Taiwan's Chimei Innolux Corp., which was fined euro300 million in the case.

Three other Taiwanese makers -- AU Optronics, Chunghwa and HannStar -- were fined euro116.8 million, euro9 million and euro8.1 million, respectively.

The world's second-biggest LCD maker, South Korea's LG Display, was fined euro215 million.

The fines targeted price-fixing for LCD panels used in flat screens for televisions and computer monitors.

Speaking to reporters late Friday, Gou said Samsung and LG Display were leading in the price fixing, and Taiwanese makers were only collaborating with them.

"If the No. 1 and No. 2 makers did not lead in fixing prices, would Taiwan's No. 3 and No. 4 carry any weight?" he asked.

Gou suggested that Samsung only informed authorities of the improprieties as part of a scheme to beat its Taiwanese rivals.

South Korean firms "are resorting to all means possible in order to crush us," he said.
 
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