Optical Disc Drive Producers Could Face Fines in Brazil
Brazil’s antitrust watchdog announced that it is recommending fines be imposed on six optical disc drive producers for allegedly participating in a price fixing cartel.
Brazil’s antitrust watchdog announced that it is recommending fines be imposed on six optical disc drive producers for allegedly participating in a price fixing cartel.
Toshiba Corporation announced that the Suwon District Court of Korea has determined not to commence corporate rehabilitation proceedings for Toshiba Samsung Storage Technology Korea (TSST-K).
Hagens Berman Sobol Shapiro LLP announced that four proposed settlements have been reached in antitrust litigation against various optical disc drive manufacturers.
The European Commission announced that it has fined eight optical disc drive companies a total of €116 million for breaching antitrust rules.
NEC Corporation announced that the European Commission is abandoning its antitrust investigation of the company with regard to its involvement in the optical disc drive business.
IHS Technology announced it reckons that, despite the growing popularity of Solid-State Drives (SSDs), shipments in the computer-related storage industry declined by 5% in 2013.
Addonics Technologies announced its new CipherUSB family of USB hardware encryption tools.
IHS announced it forecasts that PC Solid-State Drive (SSD) shipments will rise to 227 million units in 2017, up more than 600% from 2012, while shipments of hard disk drives (HDDs) will decline to 410 million units in 2017, down 14% from 2012.
The Office of the Florida Attorney General announced that it is suing Hitachi-LG Data Storage (HLDS) for allegedly conspiring to rig bids for the sale of CD and DVD optical disc drives.
Pioneer Corporation announced it plans to cut costs and eliminate roughly 800 jobs in Japan, as well as review its optical disc and other businesses with an eye toward achieving further savings.
Lite-On Technology announced that it plans to acquire the remaining outstanding shares of Lite-On IT, a major producer of optical disc and SSD drives.