Tuesday, October 06, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Twitter 'Moments'To Highlight Best Tweets
Hololens, New Lumia Smartphones, Band, Surface Pro 4 and Surface Book Shined At Microsoft's Windows 10 Devices Event
Sharp Showcases Ultra HD Blu-ray Recorder, 8K TV at CEATEC 2015
EU Court Says EU-US Data Transfer Pact Is Invalid
New Roku 4 Streaming Player Supports 4K Resolution
Sharp Showcases RoboHon Mobile Robot At Ceatec
Skyworks to Buy PMC-Sierra for $2 Billion in Cash
Sony Semiconductor Solutions Corporation Established
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Consumer Electronics > Asian P...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, December 13, 2006
Asian Panel Makers Facing Investigation of Price Fixing

The world`s leading panel makers in Taiwan, South Korea, and Japan are facing a major blow, as fair trade institutions in the U.S., Japan, and South Korea are jointly investigating their alleged involvement in price fixing and may inflict huge fines on them if proven guilty.

Panel makers under investigation include Samsung, LPL, Sharp, NEC, Chi Mei Optoelectronics (CMO), and AU Optronics (AUO), all of which denied the charge on Dec. 12.

AUO confirmed last night that the U.S. Department of Justice and the Japan Fair Trade Commission are carrying out anti-trust investigation against the TFT-LCD industry, adding that AUO`s U.S. and Japanese affiliates will cooperate with them for the investigation.

CMO reported that its U.S. subsidiary IDTech has received request from the U.S. Department of Justice, asking it to assist the investigation by providing relevant information; the move, however, didn`t mean that CMO is an investigative target, according to CMO.

In the previous case involving price fixing among PC chipmakers, the U.S. Department of Justice fined four chipmakers, including Samsung, and 16 individuals US$731 million in total, the second highest ever. The on-going investigation will further aggravate the plight of the panel industry, already mired in sluggish business.

Taiwanese panel makers denied the existence of price fixing in the line, citing varied performances of leading panel makers in the third quarter, including US$2.3 billion profits of Samsung, US$400 million deficit of LPL, 46.5 billion Japanese yen profits of Sharp, 7.4 billion Japanese yen deficit of NEC, NT$1.4 billion red ink of CMO, and NT$613 million profit of AUO. The situation underscores difficulty for price fixing in the line, different from the feast-or-famine market situation of the DRAM industry.

BenQ Introduces X710 Digital Camera        All News        XFX and Fatal1ty Debut Their First Collaborative Effort
Sanyo Pulls Out of LCD Business     Consumer Electronics News      Sandisk and Sony Develop "Memory Stick Pro-HG" Format

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung, LG, LCD Patent Disputes Continue
Hon Hai Buys Flat Panels Patents From NEC
Sharp Begins Production of LCD Panels Incorporating IGZO Oxide Semiconductors
Toppan Printing, Dai Nippon Printing To Increase Investments In Sharp's Struggling LCD plant
Sharp and Sony Amend Agreement Regarding Joint Venture to Produce and Sell Large-Sized LCD Panels and Modules
Hon Hai To Take 11 Percent Stake in Sharp
Panasonic TO Transfer LCD Plant to INCJ
S-LCD Fully Incorporated by Samsung
Sharp, Samsung And Chimei To Pay $388 Million in LCD Price Fixing Case
INCJ, Hitachi, Sony To Merge Their Small- and Medium-Sized Display Businesses
Samsung at FDP International 2011
Toshiba-Hitachi-Sony LCD Alliance to Acquire Panasonic LCD Plant

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .