Samsung Ordered To Pay $5.5 Million To Ex-Employee

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[color=#3F3F3F][font=georgia][size=4]SEOUL: A South Korean court has ordered[/size][/font][/color][url="http://timesofindia.indiatimes.com/topic/Samsung-Electronics"]Samsung Electronics[/url][color=#3F3F3F][font=georgia][size=4] to pay millions of dollars to a former employee who developed key technologies for the firm's lucrative TV business, an official said on Thursday.[/size][/font][/color]
[color=#3F3F3F][font=georgia][size=4]The ex-worker surnamed Chung had filed a suit against [/size][/font][/color][url="http://timesofindia.indiatimes.com/topic/Samsung"]Samsung[/url][color=#3F3F3F][font=georgia][size=4] accusing it of scrimping on bonus payments after he had developed some 20 technologies -- later patented -- for the firm's TV business from 1991 to 1995.[/size][/font][/color]

[color=#3F3F3F][font=georgia][size=4]Seoul Central District Court ordered Samsung to pay him about 6.0 billion won ($5.5 million), noting that the technologies in question had earned the electronics giant profits estimated at 60 billion won, a court spokesman told AFP.[/size][/font][/color]

[color=#3F3F3F][font=georgia][size=4]"It is reasonable to pay the creator of the technologies money worth 10 percent of the profits given Chung's role," the court ruled.[/size][/font][/color]

[color=#3F3F3F][font=georgia][size=4]It was not immediately clear whether Samsung would appeal.[/size][/font][/color]

[color=#3F3F3F][font=georgia][size=4]The world's top maker of flat-screen TVs and smartphones is embroiled in a string of legal rows, including a bitter patent battle with rival Apple.[/size][/font][/color]

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