Samsung Offices Raided By Police Over Alleged LG Technology Theft
By Jamie Condliffe, Apr 10, 2013 4:26 AM
Police have raided one of Samsung’s offices in Asan, South Korea, after being tipped off about the possible theft of OLED TV technology from rivals LG.
Bloomberg reports that the police were looking for evidence that people connected with LG had leaked secret OLED data to Samsung. It’s currently not clear what came of the raid, and police have yet to issues a public statement.
Understandably, Samsung is defensive. Speaking to Bloomberg, one spokesperson explained that the company had “no reason to steal other companies’ technology” as it already has “the world’s best OLED technology”. Meanwhile, LG denies speaking to the police in relation to the incident.
Warm Regards / Ganesh Srinivasan
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