LG Display Employees Charged With Stealing Trade Secrets From Samsung

LG Display on Tuesday announced that 11 people, including six of its own employees, have been charged with stealing advanced OLED TV display technology from Samsung, the Associated Press reported. Three of those charged were employees of Samsung Display at the time, and the alleged theft of OLED technology took place between 2010 and 2011. While LG has publicly denied that the company or any of its employees were involved in the theft, Samsung maintains that the firm “systematically stole its display technology and poached Samsung employees.” Both firms are vying for dominance in the display market and are moving toward thinner and lighter OLED technology.

Prateek Panda

Prateek is the Founder of TheTechPanda. He's passionate about technology startups and entrepreneurship and enjoys speaking to new founders every day. Prateek has also been consistently regarded as one of the top marketing experts in the region.

Recent Posts

The importance of AI-powered fact-checking & synthetic content detection

The digital world has reached a stage where information spreads faster than it can be…

2 days ago

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…

2 days ago

If Your Documentation Takes Two Clicks to Open, It’s Already Falling Behind

Over the years, I’ve worked on all kinds of projects—big, small, chaotic, overengineered, “temporary,” allegedly…

3 days ago

AI Launches: Enterprise software, ecommerce, cybersecurity & search

The Tech Panda takes a look at recent launches in the superfast field of Artificial…

3 days ago

AI-powered explosive detection: Helping authorities stay ahead of threats

With threats becoming more complex than ever, explosive risks are evolving rapidly, posing serious risks…

3 days ago

SIA-India pre-budget submission urges satellite backbone to empower 40,000 connectivity-fragile Gram Panchayats

SatCom Industry Association (SIA-India) has called for the launch of a National Satellite Connectivity Mission…

4 days ago