chunghwa

Samsung, LG fined $35 million over alleged price fixing

Samsung and LG Display have been fined by the Chinese government over charges that they fixed the prices of LCD panels.

China's National Development and Reform Commission fined Samsung $16.2 million and LG $18.6 million, according to the Yonhap News Agency.

Also included in the fines for price fixing were four Taiwanese firms: Chi Mei Optoelectronics, AU Optronics, Chunghwa Picture Tubes Ltd., and HannStar Display. The total fine levied against all six companies reached $56 million.

The display makers were accused of fixing prices on LCD panels that they sold to Chinese TV makers from 2001 to … Read more

Amazon reportedly ramping up 7- and 10-inch tablets

Amazon is aiming to launch both a 7-inch and 10-inch tablet in the third quarter and is currently lining up the right suppliers, according to the latest from the folks at DigiTimes.

A number of chip design firms in Taiwan expect to see a healthy bump in sales in the third quarter as they ship parts for the new tablets, said Digitimes, citing industry sources. With Amazon shooting to ship 4 million tablets this year, the company's orders for integrated circuits have become the second largest in the industry, behind only Apple's iPad, added the sources.

These … Read more

LG, Sharp, Chunghwa admit to LCD price fixing

Updated at 12:40 p.m. PST with Dell's comments and historical perspective on Apple iMac shortages due to lack of LCD flat panel displays.

LG Display, Sharp, and Chunghwa Picture Tubes agreed to plead guilty to criminal charges for participating in a liquid crystal display price-fixing conspiracy and pay $585 million in fines, the U.S. Department of Justice announced Wednesday.

The three companies worked in concert to set prices on thin-film transistor LCDs, which are used in computer monitors, notebooks, televisions, mobile phones, and various electronics, according to the antitrust unit of the Justice Department.

Apple, Dell, … Read more