Thursday, November 29, 2018

11 Charged With Selling Samsung Technology to China

I'm not sure who the genius was that thought this was a good idea.

South Korea charged nine people and two companies of illegally selling Samsung Electronics Co.’s bendable screen technology to a Chinese rival. The chief executive officer of a Samsung supplier and eight of his employees received 15.5 billion won ($13.8 million) after conspiring with two representatives of the Chinese company to transfer organic light-emitting diode knowhow, according to a statement from prosecutors in Suwon.