11 arrested over leaking Samsung display technologyApril 6, 2012 - 17:40 AMT PanARMENIAN.Net - Eleven people were arrested on suspicion of leaking key technology involved in making next-generation flat screen displays, police said, according to Yonhap South Korean news agency. The suspects allegedly transferred the technology from flat screen display maker Samsung Mobile Display (SMD) to a local rival firm, using their past or current ties to either company, the police said. The suspects are former or current researchers at SMD or employees of the rival firm, they added. A 46-year-old former researcher at SMD, whose name was withheld, is suspected of receiving 190 million won (US$168,544) from the competitor in exchange for secret data on the so-called "small mask scanning" technology involved in building active-matrix organic light-emitting diode (AMOLED) displays for large televisions. Until now, AMOLED displays have mostly been used for small smart devices. Industry insiders expect the new technology to help SMD grab a large share of the future market for AMOLED TVs, valued at about 90 trillion won. The 46-year-old suspect, who was deeply involved in developing the technology at SMD, is accused of leaking the data after moving to the rival company in November of 2011. When his initial expectations of receiving an executive position were not met, he also allegedly tried to share the information with a Chinese display maker, according to the police. Police said they have sought an arrest warrant for the 46-year-old and booked the other 10 suspects without detention. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |