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Posts with tag steal

Former LG employee leaks $1b in top secret plasma info to Chinese manufacturer


We've seen some pretty shady dealings from disgruntled ex-employees in the past, but this one may have skyrocketed into the upper echelon of tales of corporate deceit. As the story goes, a 49-year old man known only as Jeong felt the need to copy over some 1,182 top secret plasma display technology-related files onto his personal drive before waltzing out of LG's doors for the final time in July of 2005. A few months later, Chinese manufacturer Changhong-Orion PDP-Chaihong welcomed him with open arms and paid him a fat salary of roughly $300,000 a year (not to mention a few perks: free apartment, vehicle etc.), while casually accepting both the aforementioned files and continued insider leaks at LG -- information supposedly valued at over a billion dollars. But despite Jeong's arrest upon his last return home to Korea, Changhong is still apparently on schedule to produce plasma panels based on LG's technology come this December. Can you say: hot water over international trade-secret law?

[Via The Raw Feed, image courtesy of RPG Classics]

RFID / RFA anti-piracy technology could hit optical media

Utilizing RFID technology to defuse the threat of theft isn't a fresh idea, but NXP Semiconductors and Kestrel Wireless are looking to make good on the premise by cranking out an anti-theft solution that just might appear on the next DVD you buy. By combining NXP's RFID technology with Kestral's RFA (radio frequency activation), manufacturers could install a minuscule chip on the optical media at the beginning of the supply chain which would render it unplayable, but having it scanned at a checkout counter would enable a series of authentication checks to occur and eventually unlock the media for playback. While the scenario may sound convoluted, it could allow manufacturers to skimp on bulky, restrictive packaging, and moreover, it could be applied to other items in the consumer electronics universe in order to deter thieves from trying to swipe expensive handheld gizmos. Of course, we can already envision the complaints that are sure to arise from legitimate buyers bringing home a coaster if the activation process happens to fail, but apparently, both companies are already hard at work persuading studios to write 'em a check and get these things into stores.

[Via Physorg]




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