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Despite the rise of the CHiese brands in the smartphone industry, stimulated by low pricing models and, in some cases, by its innovative character, it is clear that Chinese OEMs are good at copy. The Huawei P20 Pro and many others are almost a replica of the iPhone X. Even on the software side, Xiaomi's custom MIUI interface could be mistaken for Apple's iOS. Samsung has seen the design of its Galaxy models reproduced by several smaller Chinese phone manufacturers, and this will not end soon as the company prepares for the launch of foldable phones. According to information from Korea, South Korean traders accused nine people of illegally exchanging documents describing a technology developed by Samsung.
I wonder where the recipient of this information comes from? China of course! You see, Samsung is ahead of the race at the exit of a real foldable screen. As the leading manufacturer of phones, information about the company's production process is generally highly sought after by competitors. The nine defendants apparently decided to go about creating a shell company in which they sold information about equipment used in Samsung's factories and flexible OLED panel designs. The undisclosed buyer in China paid $ 13.85 million for this information.
Samsung's factory manufacturing process is usually a well-kept secret. The company's plant is not open to the media, resulting in several accusations of poor safety practices in the industry, which are generally beyond the control of the regulator due to lack of access at the factories of the company. The information was gathered by the Chied executive and the eight employees of Toptec Co Ltd, a company supplying manufacturing equipment for mobile phone displays, including Samsung. They could easily have obtained the information they know and can not share. Thus, the creation of a corporation screen for criminal purposes, as alleged.
Read Also: Huawei's Foldable Phone Could Be Called Mate F, Flex Mate, Mate Flexi or Mate Fold
In a statement released by Toptec, the company said: "Our company has never provided Samsung Display's industrial technology or trade secrets to a Chinese customer. Our society will cooperate fully with the judicial process to find the truth in court. " We can not say for sure whether the denial is true or false, but the accused will certainly have a long way out in court. The controversy dealt a severe blow to the company's finances as its shares fell by 20% as a result of this saga.
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