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Hitachi has become the latest electronics manufacturer to be fined in a price fixing conspiracy that dates back as far as 2001.
An executive with Hitachi Displays Ltd. was charged on Tuesday with participating in a conspiracy to fix the prices of Liquid Crystal Display (LCD) panels, the US Justice Department said.
Hitachi, or to be more precise, their subsidiary Hitachi Displays, is currently working on an LCD touch screen that's about 30% thinner than existing models.
It's not like Hitachi Displays really needs any bad news considering just how poorly LCD sales are going right now, but regardless of that, it's still facing a fine that none of us would be fond ...
Hitachi joins a group of LCD panel manufacturers who have pleaded guilty to price fixing LCD panels.
Japan's Hitachi Displays Ltd. has agreed to pay a 31-million-dollar fine for its role in a conspiracy to fix prices of Liquid Crystal Display (LCD) panels, the US Justice Department said on Tuesday.
Hitachi has agreed to pay a $31 million fine after admitting to fixing prices on LCD screens sold to Dell from 2001 to 2004.
The corporations-which include Chi Mei Innolux, Chunghwa Picture Tubes, Epson Imaging Devices, HannStar Display, Hitachi Displays, Samsung Electronics and Sharp, and certain affiliated entities of ...
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