Police raids Samsung offices in OLED technology theft investigation

By on April 10, 2013, 2:30 PM

Samsung and LG’s display units have been battling it out in courts since 2010, with lawsuits flying from both sides alleging everything from patent violations to stolen technology secrets related to OLED panels. Although there’s been some speculation that their feud could be moving towards a resolution soon, today things escalated even further with law enforcement officers in South Korea raiding Samsung’s headquarters.

Bloomberg reports police are investigating whether partners of LG Display leaked technology secrets and whether Samsung is involved in any way. The former had already admitted last year to six of its employees being involved in the possible misappropriation of OLED technology secrets from Samsung. Nevertheless, the company contended that the information in question was widely known in the industry rather than being trade secrets.

It's currently not clear what came of the raid, but LG officials have clarified that the company didn’t take part in the investigation, as “the police have made the [theft] allegation themselves.” For its part, Samsung said: "We have no reason to steal other companies’ technology, as we have the world’s best OLED technology.”

As two of the world’s biggest flat-panel display makers, Samsung and LG are banking on OLED panels to boost slowing TV sales. Neither has released an OLED product in the US yet, although the latter has already announced a 55-inch model arriving in three markets soon with a starting price of around $12,000.




User Comments: 6

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Tekkaraiden Tekkaraiden said:

I always though they got along, guess not.

Blkfx1 Blkfx1 said:

$12,000 huh? That will really help boost slow tv sells >_>;

cliffordcooley cliffordcooley, TechSpot Paladin, said:

Two companies trying to monopolize on a technology by discrediting each other with patent violations is so childish. I'm sure there is enough room on the market, for both of them to produce the same damn product.

Tygerstrike said:

WOW! $12,000 for a 55 inch TV. Hold on, let me sell a kidney and I can afford it. I mean really. 12 grand so that the time your sitting on your rump is just that much more expensive. So long as my TV fires up and I can play my 360 im happy. The TV would have to do a LOT more then just show me whats being broadcasted.

Tekkaraiden Tekkaraiden said:

WOW! $12,000 for a 55 inch TV. Hold on, let me sell a kidney and I can afford it. I mean really. 12 grand so that the time your sitting on your rump is just that much more expensive. So long as my TV fires up and I can play my 360 im happy. The TV would have to do a LOT more then just show me whats being broadcasted.

I can remember when a 42" plasma was $20k (early 2000's) and it wasn't even HD. Give it a few years and they'll come down in price, sooner if they don't fix the price.

1 person liked this | Mikymjr Mikymjr said:

It's a pity seeing that for everything invented or discovered these days, is being stolen to make money or patented to make money again. At this rate it looks like even the smallest things will be patented or stolen. Seriously, back in the days when most people worked there asses of to achieve something while still being honest was considered with very high respect. But I'm straying of topic maybe =)

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