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September 15, 2014

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Samsung accuses LG executives of vandalism

SAMSUNG Electronics Co has accused senior executives of domestic rival LG Electronics Inc of intentionally vandalizing its washing machines at retail stores in Germany and has asked for an official investigation.

In a statement yesterday, Samsung said it had asked the Seoul Central District Prosecutors’ Office to investigate executives from a South Korean company who were seen damaging its washing machines at shopping malls in Berlin. A Samsung spokesman confirmed the South Korean company referred to was LG.

“The people in question have been implicated in deliberately destroying Samsung washing machines displayed at retail stores in Berlin, Germany, where, at the time, the annual IFA electronics trade show was under way,” Samsung’s statement said. “It is very unfortunate that Samsung had to request that a high-ranking executive be investigated by the nation’s legal authorities, but this was inevitable ... the truth must be revealed for the sake of fostering fair competition.”

LG Electronics denied Samsung’s claim. It said in a statement that while it is true that some of its executives and staff, including a president, had visited a Berlin store and looked at various products, it is common for its employees to examine rival company’s products abroad.

“If our company had an intention to destroy products of a certain company to tarnish the image of the product, it would be commonsensical to not have our executives to directly carry out such acts,” LG’s statement said. “We hope that this incident is not an effort to tarnish our company.”




 

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