Shakedown: Police Enter Samsung Offices in Search of LG OLED Documents

Posted Wed Apr 10, 2013 at 10:00 AM PDT by
Samsung Offices

Samsung spokesperson: "We have no reason to steal other companies’ technology, as we have the world’s best OLED technology."

Yesterday, South Korean police officers searched the offices of Samsung Electronics Co. according to a report from Bloomberg. The search comes as the latest episode of OLED espionage involving both industry leaders Samsung and rival LG.

LG Display is claiming that they did not direct the police towards Samsung, rather that the police have made their own determination with regards to the alleged theft. Son Young Jun, LG Display spokesman, "The latest investigation is related to large-sized OLED TV panel technology, but the police have made the allegation themselves."

Samsung and LG are already connected by police to criminal probes from July. At that time, six LG Display employees were charged with OLED tech-related theft from Samsung. LG has stated that the information in question with the July charges was not secret, and specifically did not contain trade secrets.

In response to inquiries regarding yesterday's visit from the Seoul Metropolitan Police Agency, Jun Eun Sun, a spokesperson for Samsung stated, "We have no reason to steal other companies’ technology, as we have the world’s best OLED technology."

OLED as a marketable technology has more than enough potential to justify concerns with regards to industrial espionage. As companies rush to bring products to market and to eager consumers, policing tends to lag behind, leaving open the possibility that displays may debut as hot products only to have their production and sale frozen while legal battles play out.

Source: Bloomberg

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Tags: OLED, LG, Samsung (all tags)