Three major display developers - LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. (CPT) - have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix prices in the sale of liquid-crystal-display (LCD) panels, the U.S. Department of Justice announced November 12. Of the $585 million in fines, LG will pay $400 million (payable over five years), the second highest criminal fine ever imposed by the Department's Antitrust Division. Sharp will pay $120 million, and CPT, which was charged with conspiring with LG, will pay $65 million.
展开▼
