LG Accuses Samsung of OLED Technology Theft

LG Display and Samsung Display’s feud over technology theft intensified last Sunday, following a prosecution decision that indicted several Samsung employees were involved in a case of alleged industrial spying.

Four Samsung Display employees and the CEO of an LG Display subcontractor were charged without detention by Suwon District Prosecutor’s Office last Friday for violating the unfair competition law and the law of protecting confidential business information.

The Samsung Display employees were charged for illegally acquiring LG Display’s OLED-related technology business secrets by getting info from the LG Display subcontractor’s office in 2010.

In response, Samsung Display released a statement on Sunday urging LG Display to stop making accusations.

"We regret that the prosecution indictment applied an immoderate standard to usual business between companies," Samsung Display said.

"The indicted subcontractor briefed our employees about its products to expand its sales, and conducted tests. This is a general business method."

Samsung Display claims the cited technology demonstrated was widely known, and not a business secret that had to be acquired illegally.

The company also refuted that a LG Display executive surnamed Kim was fined on Feb. 6, 2015 for illegally acquiring business secrets, and that it was not right for LG Display to play innocent.

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.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE