As per reports revealed, it has been surfaced that about nine guys from two different companies have been allegedly involved in selling Samsung’s new curved OLED display tech to few third-party vendor. The third-party vendor is reportedly some Chinese company. Samsung’s supplier, TopTec Co LTD’s CEO was among guys who are arrested above the matter.
In detail, CEO of the Samsung’s supplier manufacturer and most eight employees are involved in this whole racket. They have received $13.8 million combines for passing on the details of the private documents of Samsung’s curved-edge OLED show.
In order to deliver the thing Check original and hide it in the agencies, the group formed a shell company. It helped them to receive display display reports from Samsung Display, and later they passed on the exact tech to the Chinese manufacturer. The allegations on Toptec Additionally include things like selling of Samsung’s “3D lamination” tech.
As per an estimate, Samsung has employed enormous resources both monetary and human to build this tech. Approximately, they employed 38 engineers and invested $134 million in developing the leaked panel panel.
In a statement by Samsung Present, Bloomberg said in a statement that they are “shocked at the results of the investigation by prosecutors, at a period whenever competitors are intensifying their technological rivalry.” Even the South Korean government is acting excellently as they believe it to be a national core technology.
Exact matters are of superb concern for the tech world, as it can destroy the production environment for inventions and other fresh technologies. It can prove a primary debacle for the company who have gained this kind of technology when the hard work of number of several years.
It’s not a fresh thing in the tech world, various times companies have alleged of stealing their technologies. Recently, Uber was accused of stealing trade secrets in the Alphabet’s Waymo.
We hope this period, whoever has committed the crime of stealing the technologies should be put behind bars with a big penalty. Which do you say When it comes the theft and stealing of patents and most new technologies these days? Is it everything that government need to keep a check? Share your essential thoughts via comments below.