Filed under: Misc. Gadgets

Bringing an end to the Samsung slush fund probe, a South Korean court has fined Lee Kun-hee, Samsung’s former Chairman and son of the chaebol’s founder, $109 million for tax evasion. A rather favorable decision when you consider that prosecutors sought a seven-year jail sentence and a fine of $347 million. The court said that his crimes did not justify a prison term. Lee, appearing relieved by the decision, apologized again saying, “I’m sorry for causing trouble to the people,” presumably while adjusting his monocle and top-hat from atop his golden chariot.

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Filed under: Displays

Several Japanese tech giants are teaming together today in a quest to make 40-inch and larger OLED panels for televisions. Sony, Toshiba, Panasonic, Sharp and others will participate under a joint development project initiated by the Japanese government. All of this is of course meant to help the Japanese companies compete with South Korea’s chaebols, particularly Samsung and LG, as the industry giants maneuver for an advantage over the next, next-generation flat panel technology to dominate the living room.

[Via OLED-info]

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