Situation Report: Samsung accuses LG of corporate espionage

By TIMOTHY W. COLEMAN | intelNews.org |
Most technology companies spar with rivals over patent portfolio infringement, pricing arrangements, bundling of products and services with partners, and other trade practices. More recently, technology companies have been waging a war for talent and human capital. But in Korea, a dispute between Samsung and LG Electronics has been taken to a new level with Samsung publicly accusing LG of conducting corporate espionage. According to VenterBeat, Samsung has leveled corporate espionage charges against an employee at LG regarding particularly sensitive display technology that is used in smartphones and other mobile devices. This technology is of great value to Samsung, as its displays are used in nearly 98 percent of mobile phones around the globe. The critical display technology, active-matrix organic light-emitting diode, or MOLED, technology, is an extremely thin-film, which is a lynchpin technology for televisions and mobile devices. This technology replaced previously existing display technologies because it required significantly less power and therefore less battery drain and it also increased response rates to mere milliseconds. Such technology was perfectly positioned to help spur on the proliferation of the mobile and smartphone boom. Read more of this post