The race to bring fashionable foldable display technology to market has apparently become so intense that some of the players are resourceful to corporate espionage.
Prosecutors in South Korea have indicated 9 people suspected of leaking details related to Samsung's flexible display technology. According to Reuters, The lease including a sale of documents to China with the relevant information for the equivalent of $ 13.85 million. China, of course, being the home country of Huawei, which as a South Korean-based Samsung is racing to bring a device with a foldable display to market soon.
Indeed, Huawei in October confirmed that its foldable phone will include a screen that bends as well as 5g connectivity. Samsung, meanwhile, is waiting to show off its pricey take on a foldable smartphone in February at Mobile World Congress and make it first available in March.
Per Reuters, The Suwon District Prosecutors Office in South Korea has commissioned the SEO and eight employees to supply TopTec Co. Ltd for selling information earlier this year regarding Samsung OLED panels. "The group is accused of forming a separate shell company that received information on the use of equipment and drawings of panels obtained from Samsung Subsidiary Samsung Display, and which sold some of the documents in China for 15.5 billion won ($ 13.85 million ), The prosecutors said. "
For his part, TopTec – a supplier of equipment needed to produce smartphone display panels – has denied the charges. In a statement, the company shot back: "Our company has never provided Samsung Display Industrial Technology or Business Secrets to a Chinese Client. Our company will fully cooperate with legal proceedings to find the truth in court.
Of course, Samsung said this incident has sparged the company to beef up security around its technology and secrets. Reuters Also noted that, according to prosecutors, Samsung Display has poured the equivalent of more than $ 133 million over six years in developing the leaked technology, which is called the "core core technology".
As a Phone Arena The piece today shows, the race to market foldable phones is hot up early next year – in just a few months, in fact. And Samsung and Huawei are now the main corporate names to watch. Samsung makes its own displays, while Huawei sourcing them from the Chinese manufacturer Boe. Whether or Samsung Secrets is there, this is just one more indication that the competition between foldable phone players is really FURCI really.