LG Display workers get charged over Samsung OLED technology theft

Six employees of LG get charged over the theft of OLED technology from Samsung.

@anthony256
Published Wed, Jul 18 2012 3:21 AM CDT   |   Updated Tue, Nov 3 2020 12:27 PM CST

LG Display Co., the world's second-largest flat-panel maker has had six naughty employees charged over the theft of technology from Samsung Mobile Display Co. The six employees of LG leaked, or stole Samsung Mobile's OLED technology and business secrets.

LG Display workers get charged over Samsung OLED technology theft | TweakTown.com

This is all according to an indictment filed with Suwon District Court in South Korea. Two of the six accused include two former Samsung Mobile employees. Samsung Mobile have requested that LG Display formally apologize, as well as take the necessary steps to prevent reoccurrence. LG Display also merged with Samsung Display Co. this month.

In an e-mail sent out yesterday, Samsung Display Co. said that LG Display systematically took Samsung's OLED technology, and core staff to overcome its own shortcomings. LG said in a separate e-mail that the information obtained is widely known in the industry and isn't considered a trade secret. LG Display are also taking legal action against Samsung Display, a unit of Samsung Electronics Co. for defamation.

NEWS SOURCE:bloomberg.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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