Chi Mei Optoelectronics agrees to pay a $220 million fine for participating in a worldwide conspiracy to fix prices in the $70 billion TFT-LCD market. Apple, Dell and Hewlett-Packard are major buyers of TFT-LCD panels.
– A TFT-LCD maker has pled guilty to conspiracy to fix prices in the sale of
LCD panels. Chi Mei Optoelectronics, based in Tainan,
Taiwan, was hit with
quot;$220 million in criminal fines for its role quot; and agreed to cooperate
with U.S.
federal authorities, the Department of Justice said in …