South Korea's competition watchdog has fined 10 LCD makers a total of 195 billion won ($176 million) for allegedly holding secret meetings to keep the prices for flat screen displays artificially high.
A long-running price-fixing probe into the LCD panel business has netted its ninth indictment against a Taiwanese executive, the U.S. Department of Justice said Thursday.
HannStar Display, a Taiwanese maker of liquid crystal displays (LCDs), has agreed to plead guilty and pay a US$30 million fine for participating in a global conspiracy to fix prices of the displays, the U.S. Department of Justice said.
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