Samsung ordered by court to pay $5.5 million to ex-worker

Advertisement
By Agence France-Presse | Updated: 29 November 2012 14:39 IST
A South Korean court has ordered Samsung Electronics to pay millions of dollars to a former employee who developed key technologies for the firm's lucrative TV business, an official said Thursday.

The ex-worker surnamed Chung had filed a suit against Samsung accusing it of scrimping on bonus payments after he had developed some 20 technologies later patented for the firm's TV business from 1991 to 1995.

Seoul Central District Court ordered Samsung to pay him about 6.0 billion won ($5.5 million), noting that the technologies in question had earned the electronics giant profits estimated at 60 billion won, a court spokesman told AFP.

Advertisement

"It is reasonable to pay the creator of the technologies money worth 10 percent of the profits given Chung's role," the court ruled.

It was not immediately clear whether Samsung would appeal.

The world's top maker of flat-screen TVs and smartphones is embroiled in a string of legal rows, including a bitter patent battle with rival Apple.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Samsung, Samsung TVs
Advertisement

Related Stories

Popular Mobile Brands
  1. Best Phones With Telephoto Cameras Under Rs. 40,000
  2. OnePlus 16 vs iQOO 16: Price and Specifications Compared
  1. Samsung Galaxy F70 5G With 5,000mAh Battery, 50-Megapixel Camera Goes on Sale in India: Price, Offers
  2. Apple ‘Pro and Tell’ Event Set for Next Week; First MacBook With Touchscreen, New iPad Mini and More Expected to Launch
  3. Cysic Shuts Down Bridge After Attacker Illegally Creates 10 Million CYS Tokens
  4. JPM Coin Arrives on Ethereum as JPMorgan Expands Institutional Payments
  5. Vivo V80 FE Reportedly Spotted on BIS Certification Website, India Launch Seems Imminent
  6. Airtel’s New Recharges in India Announced: Rs. 185, Rs. 203 and Rs. 206 Voice-Only Plans Details
  7. Vivo X500 Ultra Leak Reveals Launch Timeline, Chipset, Display and Key Specifications
  8. iQOO Neo 12 Launch Date Announced; Design, Colour Options Teased
  9. Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 Wallets
  10. iPhone Duo Battery Capacity Revealed Days Before Foldable Goes on Sale
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.