Hannstar Exec Indicted for Role in LCD Price-Fixing

The U.S. Department of Justice (DOJ) announced that a federal grand jury in San Francisco has indicted the current president of HannStar Display Corporation for his alleged participation in a global conspiracy to fix prices of thin-film transistor liquid crystal display (TFT-LCD) panels.

LCD Producers Fined $862M for Price Fixing

The European Commission announced that it has fined six Liquid Crystal Display (LCD) panel producers a total of €648.9 million (US $862 million) for operating a price fixing cartel that harmed European buyers of television sets, computers and other products.