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.
Supreme Court Refusal Means Samsung Owes Apple $120M
The U.S. Supreme Court today said it will not review an appeal made by Samsung to overturn a $120 million fine owed to Apple for violating the latter's patented technology.
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.
Appeals Court Exonerates Samsung in $120M Case
Samsung won a reversal of a $120 million patent-related fine thanks to the U.S. Court of Appeals for the Federal Circuit in Washington, D.C.