LG secrets leaked to Chinese manufacturing company


Apparently life’s NOT so good at LG nowadays (see how I did that?), as word’s come out that a former manager leaked almost 1,200 secret company files to a Chinese manufacturing company.

The company, Changhong-Orion PDP-Chaihong, hired the 49-year old LG manager to give the company secret information in exchange for $300,000 a year, an apartment, and a car. He handed over information mostly containing the details of the LG plant’s power system and construction blueprints that’ll help the Chinese firm increase production — it’ll begin manufacturing plasma panels in December using the stolen technology. Almost seems too easy, huh?

Cutting-edge PDP Tech Leaked to Chinese Firm [dongA.com] via The Raw Feed