Toshiba Nailed for LCD Price Fixing

Lieff Cabraser Heimann & Bernstein announced a U.S. federal court jury found that Toshiba Corporation participated in a conspiracy to fix the prices of Thin-film Transistor (TFT) Liquid Crystal Display (LCD) panels.

Sony Offloads Chemical Products Business to Japanese Government

Sony Corporation announced that it will sell its Sony Chemical & Information Device Corporation subsidiary to the Development Bank of Japan for 58.0 billion yen (US $731 million).