electronics firms
Submitted by admin on Fri, 11/14/2008 - 12:17.
Three Asian electronics firms have agreed to plead guilty and pay $585 million in fines for conspiring to drive up the prices of LCD screens used in computers, TVs, cell phones and other electronic devices.
In a plea deal filed Wednesday, LG Display Co. Ltd., Sharp Corp., and Chunghwa Picture Tubes Ltd. agreed to cooperate in an antitrust investigation headed by the U.S. Justice Department. The plea agreement was filed in federal court in San Francisco.
LCDs, or liquid crystal display monitors, are the glass display screens on many laptop computers, cell phones and new TVs.
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Tags:
- Apple Computer Inc
- Apple Inc.
- Asia
- cell phones
- Chunghwa Picture Tubes Ltd.
- Chunghwa Picture Tubes, Ltd.
- Dell Inc.
- electronic devices
- electronics firms
- European Union
- household electronics
- LG Display America Inc.
- LG Display Co. Ltd.
- Motorola Inc.
- Motorola, Inc.
- SAN FRANCISCO
- San Francisco,California,United States
- Sharp Corp.
- Sharp Corporation
- Thomas O. Barnett
- U.S. Justice Department
- USD