Samsung sued LG for stealing its 18 OLED technologies and demanding claims

On the evening of September 5th, Samsung’s Samsung Mobile Display has submitted a file to the Central District Court of Seoul, claiming that LG Display has stolen 18 confidential technologies related to OLED displays and 21 related details from Samsung.

It is reported that for the Samsung technology that has been leaked to third parties or LG Display has been applied, Samsung requires LG Display to compensate 1 billion won (about 880,000 US dollars) for each technology. Earlier this year, Samsung’s 11 former employees or employees were arrested and accused of stealing the company’s 55-inch AMOLED TV technology and leaking it to LG.

Samsung said that LG Display has been trying to win Samsung's OLED technology and other trade secrets by enticing Samsung's researchers to quit. According to sources, Samsung has invested more than 1 trillion won in display technology over the past 10 years, claiming to have a nearly 99% share of the global OLED market.

LG said earlier this year that it doesn't need Samsung's technology because LG uses a completely different display system.

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