Samsung officials accused of stealing LG OLED tech

Desk

Well-known Member
LG, Samsung to clash in court over washer row

On Sunday, LG Display Co., LG's panel making unit, urged its archrival Samsung Display Co. to stop "unfair practices."

The move comes after prosecutors on Friday indicted four officials at Samsung Display on charges of stealing LG Display's technology related to organic light-emitting diodes (OLED) through an LG contractor on several occasions in 2010.

"We regret Samsung Display's systematic and illegal stealing of LG's OLED technology," LG Display said in a press release. "Samsung should stop hurting its competitor through different means, such as tech leak allegations, illegal acquisition of technology and patent suits. As a global company, Samsung should engage in fair competition."
Desk
 

Desk

Well-known Member
LG-Samsung feud over technology theft intensifies

LG-Samsung feud over technology theft intensifies

LG Display blasted Samsung Display on Sunday for allegedly stealing its display panel technology, following a prosecution decision to indict several Samsung employees involved in a case of alleged industrial spying.

“We cannot but be outraged about illegal and organized theft of our large organic light-emitting diodes (OLED) display panel technology committed by Samsung Display employees, which has been revealed by the prosecution’s investigation on Friday,” said an LG Display spokesman, citing the company’s statement released on Sunday.

“We urge Samsung to stop technology theft from its rivals, illegally acquiring its rivals’ technology, and damaging its rivals’ reputation through non-business measures such as patent litigation.”
Desk
 

Desk

Well-known Member
Some more on the Samsung accusations, including details of how this alleged technology theft took place...

Employees of Samsung charged with tech theft-INSIDE Korea JoongAng Daily

“Samsung Display was prosecuted for intentionally approaching one of LG Display’s subcontractors and stealing LG Display’s OLED technology through a false promise for an equipment purchase,” said a spokesman for LG Display.
In September 2012, Samsung Display filed for an injunction in Seoul District Court banning LG Display from using OLED TV technologies and related data. The same month, LG filed a damage claim and a lawsuit that prohibits Samsung from infringing on OLED-related patents.

In April 2013, Seoul Central District Court raided Samsung Display headquarters and regional offices on allegations LG Display subcontractors stole OLED technologies and turned them over to Samsung Display.

In November 2013, the court sent seven Samsung Display employees to jail for stealing the technology through four workers at LG Display subcontractors.

On Feb. 6, Suwon District Court acquitted LG Display and five of six employees. It fined an employee at LG Display for illegally acquiring competitor’s trade secrets.

Legal disputes between the two were rampant as they fought over 3D TV technologies in 2011 in England, Australia and the United States, and engaged in lawsuits over ads comparing refrigerator capacities in 2012.

Samsung Electronics and LG Electronics also are having legal disputes over LG executives’ alleged vandalizing of Samsung washing machines last year at stores in Germany.

The prosecutors’ office of the Seoul Central District Court said Feb. 8 it indicted Cho Sung-jin, CEO of LG Electronics’ home appliance unit; Cho Han-ki, managing director of LG Electronics’ washing machine research institute; and a public relations executive surnamed Chun.
Desk
 

johnjay

Well-known Member
It reads like a cold war arms race between Samsung & LG. Ridiculous. LG execs "alleged" vandalizing of Samsung washing machines. Wouldn't dare mention the word "chill" in that hearing...
 

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