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VIEW EVENT INFORMATION: LG Corporation |
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LG, Sharp, And Chunghwa Nailed For LCD price-fixing |
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About the organization LG Corporation: Type: Business Sub-Types: Electronics, Electronics Hardware, Electronics Software, Telecommunication, Telecommunication Hardware, Telecommunication Software |
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Notable Organizations: LG Corporation, Techcrunch |
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Such shameful conduct! It looks like from 2001 to 2006, LG, Sharp, and Chinese OEM Chunghwa were conspiring to keep the prices of LCD screens high and agreed on pricing floors to guarantee cash flow for everybody involved.
Over five years of first- and second-party sales (Dell and Apple were among the buyers), they must have run up quite a tab, although no one’s done the math yet. |
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