Samsung Display filed a lawsuit against LG Display over OLED technology tech leak. Samsung Display claims that LG Display stole 18 confidential technologies relating to OLED displays, demanding a billion won (almost $900,000) for each technology. Samsung also said that LG Display gave some information to a third party.
In July we reported that 11 former and current Samsung employees were charged of giving LG Display confidential OLED technology, and this is Samsung's reaction in court. Actually, it seems strange that Samsung is only seeking about $17 million dollar in damages - this seems to be a very small amount when you consider that the OLED display market is now estimated to be about $6 billion, and is set to grow to about $44 billion by 2019.