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Samsung Files Lawsuit Against LG For Stealing Their OLED Technology
(07-09-2012)
 
Samsung Files Lawsuit Against LG For Stealing Their OLED Technology
 

A Tech giant filing a lawsuit against another is not new in the tech world. We recently saw Apple winning one against Korean tech major Samsung, and now its heard that Samsung has filed one against LG. .

According to the reports, Samsung has filed a lawsuit against LG with Seoul Central District Court about 18 "private technologies" related to their OLED display screens, along with 21 "other pertinent details". Samsung is asking for compensation from LG.

The reports suggest that Samsung is asking LG for around a billion Won, for every time LG has used their technologies or has made the information open to a third party.

Considering the fact that both the companies soon will launch OLED TVs in the market, the tech world will have their eyes glued to this lawsuit.