Reply to thread

Message: <blockquote data-quote="deanXX" data-source="post: 24237450" data-attributes="member: 492830">[ATTACH]75087[/ATTACH]Hong Kong (CNN Business)Samsung's latest bendable screen technology has been stolen and sold to two Chinese companies, according to prosecutors in South Korea.The Suwon District Prosecutor's Office charged 11 people on Thursday with stealing tech secrets from Samsung (SSNLF), the office said in a statement.The prosecutors allege that a Samsung supplier leaked blueprints of Samsung's "flexible OLED edge panel 3D lamination" to a company that it had set up. That company then sold the tech secrets to the Chinese firms for nearly $14 million, according to the prosecutors.They did not name the people or companies involved in the theft.Samsung Display, a subsidiary of the South Korean conglomerate, said in a statement Friday that it was "surprised and appalled at the results of the investigation by prosecutors."The findings come at a time of intensifying competition for new tech among rivals.<a href="https://edition.cnn.com/2018/11/30/tech/samsung-china-tech-theft/index.html" target="_blank">CNN</a></blockquote>

Top Bottom