11 prosecuted for selling Samsung OLED secrets to a Chinese company



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It's no secret that Samsung manufactures the best OLEDs for smartphones today: its world class panels are available on Apple's new iPhone XS, XS Max, Galaxy S9 and Galaxy Note9. society. As a result, the company holds approximately 95% of the market share for small and medium sized OLED panels. Therefore, the latest news about 11 employees working for a contracted supplier with Samsung and revealing technological secrets to a Chinese company do not look very good.

South Korea is currently investigating the case of 11 employees who sold Samsung's OLED manufacturing secrets to a Chinese company for about $ 14 million. Three of them are now arrested and awaiting trial, while the list also includes the CEO of the company. They set up a shell company to which they sent all the information.

The supplier was tasked with producing automated equipment for Samsung's OLED displays. It has so much information on the technological process. They sent drawings and diagrams of the panels. It seems to be the 3D laminating technology for curved OLEDs.

This is a flagrant violation of a non-disclosure agreement and Samsung says it will not let that happen. It took them about six years and millions of dollars of development and the company wants to protect its secrets.

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