Tag archive: Chunghwa

New York State Attorney General A.G. Schneiderman has announced a multi-state settlement proposal that would see seven major LCD display manufacturers paying $553 million to settle charges they conspired to fix prices of flat-panel displays. The settlement has the companies paying a combined $538 million to settle price fixing charged; in addition, five of the companies will pay another $14 million to settle civil claims and penalties from… Read More

Late last year, executives from LG, Sharp, and Chunghwa plead guilty to conspiring to fix prices for LCD display panels worldwide—and the case resulted in one of the largest fines ever handed down by the U.S. Department of Justice's antitrust division, as well as executives from LG and Chunghwa getting actual jail time. But the DOJ isn't done with the case yet: the agency has announced three more indictments of executives… Read More

The U.S. Department of Justice has announced that four executives from LG Display Co. Ltd. and Chunghwa Picture Tubes Ltd. have agreed to plead guilty to charges they conspired to fix prices for TFT-LCD displays from late 2001 through mid-2006. And, in addition to paying criminal fines and helping the government with its investigation, all four execs will serve jail time. Terms range from six to nine months, with Chunghwa's former… Read More