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An industrial robbery case resulted in lawsuits against nine people and two companies in South Korea.According to the prosecution, the president of a Samsung supplier and eight of his employees received 13.8 million $ (over 53 million) from two representatives of a Chinese company providing information on the South Korean giant's double-glazed OLED screens
Samsung Display, the division of the company responsible for the development and manufacture of screens, has been declared "shocked by the results of the investigation" by prosecutors, even more at a time when competitors are reinforcing their technological rivalry. "
The names of the accused and the companies in question were not disclosed by the South Korean authorities.
Chinese Rivalry
South Korea's concern in this case is intertwined to a much broader vision: to maintain its technological edge over China As noted Bloomberg, the country led by Xi Jinping has invested heavily to become self-sufficient in areas currently dominated by Samsung, such as screens and semiconductors, which could jeopardize the South Korean leadership.) 19659002] This concern about possible industrial flights in China is not unprecedented.In early November, the United States formally accused the Fujian Jinhua (China) and UMC (Taiwan) state companies to have stolen the secrets of an American chip maker.
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