SEOUL, April 1 (Korea Bizwire) — Samsung employees and the head of an LG Display subcontractor denied allegations that they illegally traded LG’s OLED technology behind its back. Four executives and employers of Samsung Display and the head of the subcontractor were indicted last month on charges of exchanging information related to LG’s secret technology through emails. [...]
SEOUL, Nov. 19 (Korea Bizwire) – The amount of fines imposed on Korean companies for collusion by foreign authorities since 2010 totaled about 1.7 trillion won. According to the Korean Fair Trade Commission on November 18, the amount of fines that competition authorities of various countries imposed on Korean cartels over the past five years starting from 2010 is [...]
SEOUL, Oct. 16 (Korea Bizwire) — Samsung Display and LG Display challenge each other at the 14th International Meeting on Information Display from October 14 to 16. Samsung’s keywords are “curved” and “flexible” while LG focuses on “Organic Light Emitting Diodes” and “touch” at the exhibition. In order to boast its technological prowess for curved and [...]
SEOUL, Korea, Sep. 4 (Korea Bizwire) – LG Display, the world’s leading innovator of display technologies, announced today that it has started mass production of the world’s first circular Plastic OLED (P-OLED) display. The cutting-edge display will be used for the LG G Watch R to be showcased at IFA 2014 in Berlin, opening a [...]
SEOUL, July 11 (Korea Bizwire) – What if you can roll up your tablet computer and put it in your pocket like a scroll? How would you like if your car navigator is embedded on the windshield? This is not something you see on movies like Avatar or Minority Report. These futuristic devices are already with [...]
SEOUL, July 3 (Korea Bizwire) – LG Chem will build an electric vehicle battery plant in China’s Nanjing, the third plant after Cheongju (Korea) and Holland (Michigan, U.S.). The company held a signing ceremony at its LG Twin Tower in Yoido, Seoul, on July 2 with high-ranking officials from the Nanjing city government. The ceremony was attended [...]
SEOUL, Korea, April 16, 2014 (Korea Bizwire) – The number of contract workers or temporary employees who are not guaranteed basic insurance benefits in Korea’s top-20 companies has surged last year while the number of full-time workers stayed at the same level. According to business planning reports from the local top-20 corporations, the total number of contract [...]