Business spying leads to China's disclosure of Samsung's flexible display technology secrets – BGR



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The race to put on the market a viable foldable display technology has apparently become so intense that some players are resorting to espionage.

South Korean prosecutors have indicted nine people suspected of disclosing details related to Samsung's flexible display technology. according to Reuters, the leaks included a sale of documents to China with the relevant information for an amount equivalent to $ 13.85 million. China, of course, being the home country of Huawei, which, like the South Korean company Samsung, is striving to quickly market a device with a foldable screen.

Indeed, Huawei confirmed in October that its foldable phone will include a curved screen as well as a 5G connectivity. Meanwhile, Samsung is expected to present its expensive smartphone in February at the Mobile World Congress and make it available for the first time in March.

By ReutersSuwon district prosecutors' office in South Korea has accused the CEO and eight employees of supplier Toptec Co. Ltd. for selling information earlier this year on Samsung's OLED panels. "The group is accused of forming a separate screen company that received information on the use of equipment and panel designs obtained from Samsung, a subsidiary of Samsung, and which sold some of the documents in China for 15.5 billion won ($ 13.85 million), office said. "

For its part, Toptec – a supplier of equipment needed to produce billboards for smartphones – denied the charges. In a statement, the company replied: "Our company has never provided Samsung Display's industrial technology or business secrets to a Chinese customer. Our society will cooperate fully with the judicial process to find the truth in the courts. "

Of course, Samsung said the incident had prompted the company to strengthen security around its technology and its secrets. Reuters also noted that, according to prosecutors, Samsung Display had spent the equivalent of more than $ 133 million over six years in the development of the disclosed technology, which the office described as "national core technology".

Like a Phone Arena As the coin today points out, the market for folding phones is going to heat up early next year – in just a few months. And Samsung and Huawei are for now the main names of companies to watch. Samsung makes its own screens, while Huawei buys them from the Chinese manufacturer BOE. Whether Samsung's secrets are there or not, this is a further indication of the fierce competition between mobile phone players.

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