Samsung Says LG Steals Its OLED Technology
Author:Cassidy| | 2012-9-6

Samsung's Samsung  Mobile Display  has submitted a paper to the Seoul Central District Court saying that LG Display has stolen 18 OLED display confidential technologies from Samsung, as well as 21 related details.

The sources said, due to the reveal to third parties or Samsung technology LG Display has already applied, Samsung asked LG Display to make a compensation of 10 billion won (about $ 880,000) in respect of each technology. Earlier this year, 11 former employees or employees of Samsung Mobile Display were arrested and charged for the theft of the company's 55-inch AMOLED TV technology and leakage to the LG.

Samsung spokesman said: "By means of enticing our researchers to quit, LG Display has been trying to get our  OLED technology and trade secrets." It was said that Samsung has invested more than 1 trillion won in the display technology in the past 10 years, the company claimed to hold nearly 99% market share of the global OLED.

LG said earlier this year, they didn't need Samsung's technology, because the company used a completely different display system.

@hqew.neton Twitter, become a fan onFacebook
  • News For You
Belgian Schools Compel Students to Use iPad and Support Installment
A school in Belgium, Sint-Jozef, has compelled all students to own an iPad before school opens in ...
Despite Excellent Performance in Q2, TI Anticipates Weaker Revenue in Q3
Texas Instruments Incs Q2 profit beat Wall Street expectations but the company warned that its thir...
 A China Communications Chip Player Intends to Purchase Chip Maker VIA
According to the report from market watchers, chip maker VIA Technologies is reportedly being targ...
How a CPU is made?
It is hard to believe that a modern processor (CPU) is the most complex product in the world. What i...