South Korea prosecutors charge employees of an Israeli company over technology display leak

The six stole OLED display technology from the display affiliate of Samsung Electronics and LG Display and relayed it to Chinese and Taiwanese panel makers

25 June 2012

According to news reports South Korean prosecutors have charged six South Korean employees of an Israeli company with leaking advanced TV display technology from Samsung Mobile Display and LG Display to their rivals.

The Seoul Central District Prosecutors' Office said Wednesday that the six stole OLED display technology from the display affiliate of Samsung Electronics and LG Display and relayed it to Chinese and Taiwanese panel makers.

The Israeli company wasn't named by prosecutors but Samsung and LG identified it as Orbotech.

Orbotech Ltd., the Israeli company, makes display inspection equipment that it supplies to customers in South Korea, China and Taiwan. Its South Korean unit was also charged.

According to the news reports Orbotech did not respond to requests for comment.

www.orbotech.com www.lgdisplay.com www.samsung.com

 

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