Sunday , June 26 2022

9 people arrested for selling technology & # 39; Samsung curved screen


Samsung Galaxy Note9

The Korean prosecutor's office to & # 39; South accusing nine & # 39; people and two companies for allegedly selling the OLED display technology & # 39; Samsung (using on the phones of the most iconic Galaxy) to a company in China. The CEO of the provider & # 39; Samsung, Toptec Co. Ltd., was among three people arrested. Prosecutors say he and eight employees received approximately 12,13 million for filtration of Intellectual Property (IP).

The group allegedly formed ghost company received documents relating to Samsung Display panels, a subsidiary of & # 39; Samsung, and sold them together with technology "3D Laminate" to a Chinese company that has not yet been identified. According to Reuters, Toptec sells automated equipment to make panels for phones and the company has denied any crime.

Prosecutors say they took Samsung six years, 38 engineer and 150 billion won (118 million euros at current exchange rate) to develop Intellectual Property filtered, the Korea t & # 39; Lower consider the core technology national.

Samsung Display said in a Bloomberg & # 39; a statement he was "shocked by the results of the investigation by prosecutors, at a time when competitors are intensifying their technological rivalry." Meanwhile, the company has recently offered the first look at the next folding OLED displays.

The trade secrets are much sought after, as companies seek to gain an edge over their rivals, and is more of & # 39; profit to pay a few million in & # 39; flavors to have access to technology in & # 39; & # 39 not; months instead of investing a large amount of & # 39; money. years, resources and money to gain access to this technology. (Https://

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