Samsung's Bendable OLED Technology Is Stolen And sold To China By TopTec.
snapvoip - IP Theft
Samsung's Bendable OLED Technology Is Stolen And sold To China!, according to prosecutors in South Korea.
The Suwon District Prosecutors’ Office said on Nov. 29 that has it
indicted 11 executives and employees of Gumi-headquartered Toptec and a
company that it had set up in China. They have leaked the details of
the 3D lamination manufacturing equipment, which allows an OLED display
to be wrapped around the sides, first to the paper company and then to
Samsung’s Chinese rivals, including presumably BOE. , the office said
in a statement. Among the indicted, three of them, including Toptec
President Bang In-bok, have been arrested while eight others will be
investigated without detention.
Toptec denied the allegations in an official statement. “We have been
working with Samsung Display for the past 26 years and exported its
pressing tech for curved displays to China in March this year after
notifying the firm,” said Toptec CEO Lee Jae-won.
Korea-Herald