Seoul Semiconductor Charged Its Former Employees for Divulging LED Technology

Seoul Semiconductor has announced that three of its former employees were charged for divulgence of the company’s LED technology. The police in South Korea have investigated the case and are expected to detain the three individuals.


(Image: Seoul Semiconductor)

According to Seoul Semiconductor, the LED technology divulged is related to automotive applications and the development has cost the company seven years and KRW 560 billion (US$ 501.2 million). Seoul Semiconductor claimed that the three former employees have taken the technology to its competitor, Taiwanese LED producer, Everlight Electronics.

Seoul Semiconductor will charge the three former employees for violating the Act on Prevention of Divulgence and Protection of Industrial Technology, and the Unfair Competition Prevention and Trade Secret Protection Act.

In response to the case, Everlight addressed that the company highly values intellectual property rights and does not tolerate any infringement. Everlight underlined that it has followed the proper process of signing related intellectual property protection contracts with its employees during recruitment. As the case has entered the judicial process, Everlight will respect the judicial investigation in South Korea. However, the company will defend for itself and take legal measures if the case violates its reputation.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Natural colour rendering of Optisolis™ LEDs lets visitors experience artwork as the artist intended without degrading the work. Tokushima, Japan – 23 July 2019: Nichia Corporation, the leader in high brightness LED technologies, an... READ MORE

TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE