Samsung Accuses LG Over OLED Leak

Posted on Jul 17 2012 - 4:34am by Editorial Staff

Yonhap News Agency citing a unnamed Samsung executive as source reports that Samsung allegedly accused LG over its organic light-emitting diode (OLED) screen technology leak. According to South-Korean giant, the deals were planned at LG Display corporate level, ever since the arrests of 11 people were made. Samsung leads the world’s 97 percent total OLED screen market share and the leak will cause the company to lose “trillions of won.” Executives of LG Display, which lacks OLED technology and related human resources, took the lead in this criminal act in order to overcome their shortcomings as quickly as possible, the source said, pointing out towards LG and asking the company should take responsibility for the incident.

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