lcd tv

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LCD HDTV Makers Face $388M Fine for Price Fixing

Some major television manufacturers have been forced to pay a fine of $388 million for their actions in driving up the price of LCD (liquid crystal display) televisions. There's a good chance a TV in your home right now (or at one time) can be ... counted among the devices sold at inflated prices. According to Bloomberg, Sharp and Samsung paid $105 million and $82.7 million, respectively, for allegedly fixing the prices of LCD TVs sold over a seven-year period from 1999 and 2006. Chimei Innolux, which is Taiwan's largest manufacturer of display panels, also paid about $78 million as part of a ... (view more)

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