Comment by strogonoff a day ago
I am not sure what you are saying. LG and Samsung are both Korean… They had the original OLED tech that was leaked to China. LG recently had to shut down a factory due to reduced demand IIRC. Hard to compete with fully state-controlled command economy.
Okay. Just confusing because my example was about Korean companies. They were very much open to trade and less focused on secrets, which I suppose led to exactly the situation described. Once Apple switched to BOE for cheaper OLED panels (allegedly resulting in a higher rate of defects in iPad screens), LG was forced to shut down an entire plant IIRC.
>I am not sure what you are saying.
Japanese companies spent time and money investing in new technologies and then proceeded to waste them because they were far more interested in keeping trade secrets to themselves and dragging each other down, rather than coming together and acting as one national industry like Korean and Chinese companies. The Japanese companies did come together eventually (Japan Display, et al.), but way too late.