Police in South Korea have search Samsung’s offices in the country with regards to an investigation into alleged theft of display technology, and the police are investigating whether partners of LG leaked information to Samsung related to OLED technology.
“We have no reason to steal other companies’ technology, as we have the world’s best OLED technology,” Jun Eun Sun, a spokeswoman for Samsung (005930), said by phone today in Asan.
LG also made a comment on the raid by police, which you can see below.
“The latest investigation is related to large-sized OLED TV panel technology, but the police have made the allegation themselves,” Son Young Jun, a Seoul-based LG Display spokesman, said by phone today.
Source Bloomberg
Image Credit: SeongJoon Cho/Bloomberg
Filed Under: Technology News