LG, Samsung face India tariff evasion investigation over OLED TV parts

India is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts ‌of high-end TVs, five sources told Reuters , putting under scrutiny the premium entertainment devices both South Korean ​giants have bet big on.

Lengthy import tariff and tax investigations have been a sore point for ⁠foreign investors in India and embroiled companies like Samsung and Volkswagen, though Indian officials say they are simply enforcing the law of the land.

The latest investigation concerns imports of display parts that go into making panels for OLEDs, or organic light-emitting diode technology, which offer superior ‌picture quality and are made by LG Electronics and Samsung in India, a key growth market for them.