DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!
   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
December 16, 2019 
Main Menu
News archives

Who's Online
There are currently 227 people online.


Latest Reviews
Ewin Racing Flash gaming chair
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset

Follow us

AU Optronics faces $1 billion fine for price fixing

Posted on Wednesday, March 14 2012 @ 21:27:23 CET by

Reuters delivers news that Taiwanese LCD panel maker AU Optronics has been found guilty by a US court in a price fixing suit and faces a fine of up to $1 billion. The company announced it will appeal the decision.
Taiwan's AU Optronics Corp will appeal a guilty verdict by a U.S. court in a price fixing suit over liquid crystal display panels that could leave it facing a fine of up to $1 billion just as it looks to recover from a series of losses.

AU, the world's No.4 LCD maker, was charged as part of an investigation into an alleged price-fixing cartel between 1999 and 2006, but was the sole Asian LCD maker to plead not guilty. It told a media briefing in Taipei on Wednesday that the appeal process could last more than a year.

Tuesday's verdict came after rival LG Electronics Inc agreed to pay a $400 million fine in 2008, while Samsung Electronics Co Ltd cut an early deal to avoid prosecution.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba