By Vamien McKalin | Apr 10, 2013 11:55 AM EDT
Yet again Samsung is in the news for all the wrong reasons, but it's nothing surprising. In fact, we've been wondering how long it would take for Samsung to find itself in this spot once more.
According to a Bloomberg report, Monday April 8, 2013, South Korean police raided Samsung offices in search for evidence linking the company to technology theft from a competitor. The competitor in question is LG, a longtime rival of Samsung, and a company that found itself in a similar spat with Samsung last year, when six LG employees were charged and fired for stealing OLED technology from Samsung.
Now the tables have turned, and Samsung is being accused of stealing OLED technology from LG. However, according to a Samsung spokesperson, Jun Eun Sun, "We have no reason to steal other companies' technology, as we have the world's best OLED technology."
Following that, LG representatives said it did not report Samsung to the authorities, so the big question remains, who did?
Son Young Un, a spokesperson for LG, stated that the police fabricated the whole thing, which could make for a very interesting story if we could figure why the police would try to pin something on Samsung.
"The latest investigation is related to large-sized OLED TV panel technology, but the police have made the allegation themselves," Son Young Un told Bloomberg.
So here we have a very strange story. Is it possible someone inside of LG reported Samsung and wishes to keep his identity a secret while putting all the blame on the police officers? Alternatively, the police in South Korea might not be big fans of Samsung, and are just doing this to place the company in a bad light.
These assumptions might not make a lot of sense, but the whole story as known doesn't make much sense either. Investigations are continuing and should bring more information to light.
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