They discover a plot to steal the collapsible phone from Samsung and sell it to China



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Photo: Samsung

It remains to be seen if folding phones will be well received, but the technology behind them is one of the most lucrative trade secrets in the industry. It is not surprising that the South Korean authorities have accused the CEO of a Samsung supplier and eight of its employees of having sold the company's flexible screen technology to a Chinese competitor.

According to prosecutors, after a recent fall in sales, the CEO of a Samsung supplier has created a fake company and manufactured the essential components of flexible screen in a separate factory before selling the technology to a manufacturer Chinese screen between May and May. August for 15 billion won (about 13.8 million dollars).

The components in question have been cataloged as "3D laminating technology", which would include elements such as flexible OLED panels, shock-absorbing films and flexible adhesives used to mount the Samsung Infinity Flex screen.

In the end, the whole plan collapsed when the Samsung provider was kicked out in perfume loading of components on a ship bound for Mainland China. It may be that we never know which Chinese manufacturer was trying to buy the technology, since the names of the companies and people involved in the case have not been revealed.

The spying of companies is not new, but such situations seem to occur more and more frequently. Recently, an Apple engineer was accused of stealing documents related to Apple's autonomous driving technology, and the Chinese company Fujian Jinhua Integrated Circuit Co. was accused of stealing the Micron DRAM technology, based on in the USA.

With the arrival of the first Samsung flexible screen phone scheduled for next year, this case is perhaps the most striking example of how technology companies are trying to keep up. Although Samsung has stopped a company that sells its secrets, it's only a matter of time before these secrets unfold.

[Bloomberg]
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