AU Optronics Facing $1B Fine in LCD Price Fixing Verdict
A U.S. court found AU Optronics guilty of colluding with other LCD panel makers to fix the price of LCD panels. The price fixing scheme operated between 1999 and 2006. The companies met more than 60 times, often at luxury hotels, and U.S. prosecutors claim the scheme cost U.S. consumers and businesses billions of dollars. Other LCD panel makers, including Samsung and LG Display, pleaded guilty and paid fines to the U.S. years ago. AU Optronics was the only company that maintained its innocence. It plans to appeal the decision. The U.S. said that it faces a minimum fine of approximately $500 million and a maximum fine of $1 billion.
Micro-LED Backlights Could Bring OLED Performance to LCD Screens
AT CES this week, Rohinni demonstrated its micro-LED technology, and provided a glimpse at new backlight technology it's working on for the LCD display panels used in phones. While most LED chips are around 1mm, Rohinni's micro-LEDs are many times smaller and can be placed precisely on thin, flexible plastic sheets.
T-Mobile Targets Rural Areas for 600 MHz Service, Starting with Cheyenne
T-Mobile today said it has activated its first 600 MHz cell site in Cheyenne, Wyo. T-Mobile is using Nokia equipment to provide LTE coverage across Cheyenne in the 600 MHz band.
Motorola Loses Appeal Over LCD Price Fixing
Motorola lost its appeal in a court case regarding a price fixing scheme for mobile phone displays. The company wanted to hold foreign firms, including AU Optronics, liable for overcharging Motorola's foreign suppliers.
Sharp May Have Found Buyer for LCD Business
Sharp CEO Kozo Takahashi said the company is in talks with several others concerning a sale of its LCD business unit. "I cannot provide any names, but we are currently in negotiations with multiple companies," said Takahashi.