Tag archive: LCDs

Samsung, Sharp, LG, and five other flat-screen display manufacturers have agreed to pay a total of $388 million to settle a civil class action suit brought against them by the U.S. Department of Justice over LCD price fixing. Japans's largest LCD manufacturer—Sharp—will pay the largest penalty, $105 million. Samsung will pay $72 million, with Taiwan's CMI paying up $78 million and South Korea's LG paying $75 million. The story… Read More

Computer maker Dell has filed suit in the U.S. District Court in San Francisco against Toshiba, Sharp, Hitachi, Seiko Epson, and Taiwan's HannStar, claiming the companies have conspired as a cartel to fix the prices of LCD displays. According to Reuters, Dell has not specified the amount of damages it is seeking to recover in the suit. The suit alleges the five companies have engaged in unfair competition and violations of antitrust… Read More

Finland's Nokia, still the world's largest maker of mobile handsets, has filed suit against South Korean electronics giants Samsung and LG claiming the companies conspired to keep prices for LCD displays artificially high and reap profits. According to Bloomberg, the suit was filed on November 25th in a San Francisco federal court and is based on both U.S. federal law and California state law; the suit claims LCD display makers… Read More

The displays, known as LCDs, sharpen the images shown on televisions, mobile phone handsets and other screens. Seiko Epson — also known as Epson — will own 55 percent of the joint venture the companies will form on Oct. 1. Sanyo will own the remainder. The new new company will focus on small and mid-sized LCDs, or those mainly used in mobile phone handsets, digital still cameras and automobile electronics. Japanese… Read More