LG Display on Tuesday announced that 11 people, including six of its own employees, have been charged with stealing advanced OLED TV display technology from Samsung, the Associated Press reported. Three of those charged were employees of Samsung Display at the time, and the alleged theft of OLED technology took place between 2010 and 2011. While LG has publicly denied that the company or any of its employees were involved in the theft, Samsung maintains that the firm “systematically stole its display technology and poached Samsung employees.” Both firms are vying for dominance in the display market and are moving toward thinner and lighter OLED technology. Read the full story at Boy Genius Report.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.