Samsung’s offices searched by Seoul police over possible technology theft

Brittany A. Roston - Apr 10, 2013, 1:31 am CDT
Samsung’s offices searched by Seoul police over possible technology theft

It’s no secret that Samsung and LG have been less than enthused with each other in recent months, with Samsung having sought an injunction against the latter company last year. The competitors aren’t calling a truce any time soon, and it seems things might have jumped a notch, with Samsung’s display business’s office in Korea being searched by Seoul police yesterday over possible tech theft.

Reports Bloomberg, the Seoul Metropolitan Police Agency searched Samsung’s Asan-stationed display headquarters in search of documents that would indicate theft of LG’s OLED display technology. According to the report, the police have an active investigation going on regarding whether LG’s partners leaked the company’s secrets, and, in this particular case, whether Samsung could be on the receiving end.

In response, Samsung’s spokeswoman Jun Eun Sun offered a semi-smug statement: “We have no reason to steal other companies’ technology, as we have the world’s best OLED technology.” While the initial thought is that LG is behind the search, the company’s spokesman said that it didn’t have any involvement in the matter. “The latest investigation is related to large-sized OLED TV panel technology, but the police have made the allegation themselves.”

LG was smacked last year with theft accussations, with six of its workers being charged with stealing Samsung’s OLED technology. LG saw the matter different than the legal system, claiming that the technology its employees were charged with stealing was common industry information and that no trade secrets were involved. As it currently stands, LG has trumped Samsung in the OLED television market.

[via Bloomberg]

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