Corporate espionage.
That's a nasty term in the business world and when it comes to new technology such as foldable display patents, its evil and billions in sales are usually lost.
Such is the case with Samsung and a little known Chinese company named Toptec Co LTD.
Prosecutors for Samsung have indicted a chief executive and 8 employees of Toptec for leaking foldabLe display technology.
The group is accused of forming a separate shell company that received confidential information on the use of equipment and drawings of panels obtained from a Samsung subsidiary and which sold some of the documents in China for 15.5 billion won ($13.85 million), the prosecutors office said.
Prosecutors also stated Samsung Display invested 150 billion and over six years to develop the leaked foldable display technology of 3D lamination.
For the original Reuters article, click here
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