- Associated Press - Wednesday, June 27, 2012

SEOUL, SOUTH KOREA (AP) - Prosecutors have charged six South Korean employees of an Israeli company with leaking advanced TV display technology from Samsung Mobile Display and LG Display to their rivals.

The Seoul Central District Prosecutors’ Office said Wednesday that the six stole OLED display technology from the display affiliate of Samsung Electronics and LG Display and relayed it to Chinese and Taiwanese panel makers.

Orbotech Ltd., the Israeli company, makes display inspection equipment that it supplies to customers in South Korea, China and Taiwan. Its South Korean unit was also charged.

Orbotech did not respond to requests for comment.

Asian display panel makers are in a highly competitive battle to develop a new generation of ultra-thin TV displays.

The Israeli company wasn’t named by prosecutors but Samsung and LG identified it as Orbotech.



Click to Read More

Click to Hide