LG Display, employees charged with OLED theft

Jul 17, 2012

(AP) — LG Display Co. said 11 people including six of its own employees have been charged with stealing advanced TV display technology from rival Samsung.

LG Display said Tuesday that it was charged along with the 11 for alleged theft of technology between 2010 and 2011. Three of those charged currently work at Samsung Display, a display making unit of Samsung Electronics Co.

LG denied that it or its employees were involved in the technology theft.

Samsung said systematically stole its display technology and poached Samsung .

The two South Korean display makers, the world's largest display suppliers, are vying for dominance in the market for next generation displays known as OLEDs. They are thinner and lighter and can be made flexible.

Explore further: Google buys special effects technology firm Zync

not rated yet
add to favorites email to friend print save as pdf

Related Stories

LG Display to pay $380 mn to settle US lawsuit

Jul 13, 2012

LG Display, one of the world's largest flat screen makers, said Friday it had agreed to pay $380 million to settle a US case over alleged price-fixing in the liquid crystal display market.

SAMSUNG Electronics Regains No. 1 Spot in LCD Market

Dec 20, 2004

Samsung Electronics regained the No. 1 position in the global liquid crystal display (LCD) market last month from LG.Philips LCD, according to the Texas-based display market research firm, DisplaySearch. The electronics gian ...

LG Display to invest $2.6 bln for flat screens

Jul 15, 2009

South Korea's LG Display Co., one of the world's top LCD panel makers, has announced it would invest 3.27 trillion won (2.6 billion dollars) to meet the growing demand for flat-screen televisions.

Samsung commits to LED screens, will spin off LCD unit

Feb 21, 2012

Samsung Electronics Co. is spinning off its LCD display manufacturing business and merging with its smaller LED display unit in a move that reveals the company's vision of the future of televisions and mobile screens.

EU antitrust regulators charge LCD panel makers

Jul 13, 2009

(AP) -- European Union antitrust regulators have charged Royal Philips Electronics NV and LG Display with fixing the price of liquid crystal display monitors, Philips said Monday.

LG claims world's thinnest LCD-TV panel

May 19, 2009

South Korea's LG Display said it has developed a liquid crystal display (LCD) television panel that is thinner than a pencil, describing it as the world's slimmest.

Recommended for you

Hackerspaces used to turn ideas turn into reality

9 hours ago

At HeatSync Labs, the tables are littered with computer chips, pens, pads and tools while the room is abuzz with the chatter of would-be inventors hoping to change the world—or just make cool things. They are part of a ...

China Telecom profit rises as mobile data grows

9 hours ago

China Telecom Ltd., one of the country's three main state-owned carriers, said Wednesday its profit rose 11.8 percent in the first half of the year as its Internet and mobile data businesses grew.

Snapchat valued at $10 bln

10 hours ago

US media on Tuesday reported that Snapchat was valued at $10 billion based on funding pumped into the startup by a powerhouse Silicon Valley venture capital firm.

User comments : 0