LG CEO sued for damage washing machines Samsung




A top executive from LG is held by South Korean prosecutors indicted because of the intentional damage of Samsung washing machines. Meanwhile LG has filed a lawsuit against Samsung for alleged theft of OLED technology.

That reports Reuters that the information obtained from a spokesperson from LG. Seong-jin and two other employees were indicted in a case about washing machines. LG would have damaged washers Samsung in German stores, reads the indictment. From the lawsuit must prove that Seong-jin, who directs the department carries on household equipment, is responsible for deliberately damaging the merchandise of his competitor. Seong-jin must justify itself to South Korean prosecutors at a local court.

Samsung filed in September in a complaint against Seong-jin and two other employees, and an investigation was conducted by the authorities. Late last year did South Korean authorities raided at LG’s headquarters. The company complained about the investigation, but said earlier that it was involved in the damage to Samsung washing machines; according to LG was accidental.

Meanwhile LG has filed suit against a number of employees of Samsung Display. Who would have stolen OLED technology. Samsung denies this, as though conscious technology are widespread, causing no LG can claim. Both companies put firmly on OLED. According to rumors, Samsung and LG previously held talks with each other to reach an agreement. That would not have succeeded, so it has come to mutual lawsuits.

Samsung and LG are arranged at loggerheads. The two South Korean companies are fierce competitors. As companies compete each other in the field of TVs, smartphones, refrigerators, washing machines and other equipment.

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