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South Korea Indicts Suppliers for Selling Samsung’s Display Technology to China

South Korea Indicts Suppliers for Selling Samsung’s Display Technology to China
Industry News Release 2018-12-08

South Korean prosecutors have charged nine people of selling Samsung’s technology of flexible OLED display to a Chinese company, reported Reuters.



Toptec, a Samsung supplier which produce automated equipment for smartphone display production, has received 15.5 billion won (US$ 13.85 million) for transferring Samsung’s OLED panel technology to China.



According to the report, the CEO and eight employees of the company has formed a shell company to receive information about panel production from Samsung Display and then sell the high-profiled documents to a Chinese company. However, the suspects denied the accusation.

 

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