Alexa
  • Directory of Taiwan

Hitachi to admit to fixing LCD screen prices

Hitachi to admit to fixing LCD screen prices

Hitachi Displays Ltd. has agreed to plead guilty to conspiring to fix prices on the sale of LCD screens.
The Japan-based electronics firm agreed to pay a $31 million fine as part of its deal with the U.S. Justice Department.
Three other major producers of liquid crystal display panels already have admitted their involvement in price-fixing.
Hitachi admitted to fixing prices of the screens sold to Dell Inc. for use in desktop monitors and notebook computers from 2001 to 2004.
LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. struck similar plea agreements last year relating to their sales of glass display screens for laptop computers, cell phones, and new TVs.


Updated : 2021-07-27 19:53 GMT+08:00