LG charged with stealing Samsung OLED Tech

hodg100

Distinguished Member
Six LG Employees accused also

According to reports coming in from USA Today, LG has said that 11 people have been charged with stealing confidential data regarding Samsung's advanced TV technology, i.e. OLED. Six of those charged are LG employees, which isn't going to do their already frosty - or should that be fiery - relationship a great deal of good.

LG Display said on Tuesday that they were also charged, with those 11, for alleged theft of OLED technology between 2010 and 2011. Three of the others charged currently work at Samsung Display, at least for the time being because their prospects can't be good.

Predictably, LG has denied the accusations that it, or any of its employees, are guilty of any impropriety. Samsung take the contrary opinion and further claim LG poached their staff as well as the technology.

Samsung and LG are set to be involved in an OLED shoot-out later in the year as both are to release 55" OLED TVs. LG have been bullish that their WOLED (White OLED) technology is the superior of Samsung's RGB approach. If, and we stress if, the allegations prove founded, it would seem their confidence doesn't extend in to their private discussions.
 
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