Thursday, April 5, 2012

Stolen Samsung AMOLED technology sold to rival, 11 suspects arrested

Stolen Samsung AMOLED technology sold to rival, 11 suspects arrested

. Nearly a dozen suspects have been arrested and charged with crimes related to the theft and sale of AMOLED display technology under development at Samsung. Yonhap News Agency on Thursday reported that 11 suspects either currently or formerly employed by Samsung Mobile Display have been arrested. One 46-year-old researcher at Samsung is believed to have accepted a payment of nearly $170,000 from an unnamed “local rival firm” in exchange for trade secrets pertaining to proprietary Samsung technology used in the company's AMOLED panels.

Boy Genius Report, Stolen Samsung AMOLED technology sold to rival, 11 suspects arrested