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Samsung Can Lose Billions After Hi-tech Tvs Have Gone Missing

Two of the Samsung Electronics' advanced OLED television sets have gone missing while

they were on their way to the IFA consumer electronics fair that was going on in Berlin.

Due to this, they lodged an official complaint with local police, this confirmation was given by a spokesman but he also added they were not aware where the organic-light-emitting diodes that is OLED TVs had gone missing or even if it was in Germany only.

Samsung has saved themselves from giving a comment on the matter that whether it is being believed that the disappearance can be a case of industrial espionage, or on the issue of the potential financial damages it can suffer from the loss of the technology.

According to the reports by the Media, it is quite possible that the theft might have been a theft that was aimed at stealing the advanced TV technology, whose loss could cost the firm billions of dollars, which was quire a major one for any company. Get one month loan till your next payday.


Because of their advanced technology, the OLED systems are widely touted successors to the liquid crystal displays that is LCDs. They are used in smart phones as well, for instance Samsung's Galaxy Note because of the fact that the displays are lighter, thinner as well tougher than their alternatives.

Nevertheless, in larger the applications, such as TVs, they are currently quite too expensive for the sale in the mass-market. At a rumored price tag of somewhere around 10,000 dollars, the 55-inch models from Samsung as well as LG will be 10 times the price of an equivalent LCD TV. Due to this only, till date this TV has not been launched into the mass-market. Due to such an excellent technological specifications which this TV has, the price is so high and thus, they are only used in some kinds of special events only.

Those two TV sets had got disappeared between the 21st and 28th of the month of August. According to a spokesman of the company, all this actually added to the fact that there was no threat to its presence at the show as there were more such sets at the booth of the Samsung in Berlin.

Leave alone this instance of loosing such costly TV, Samsung from past quite time now has been facing troubling only. Apple, the makers of the iPhone are also seeking an order from the side of the government of the country that some of the most important of Samsung should be banned in the US stores.

by: Beverley Brittany
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