Hewlett-Packard ends lawsuit over liquid-crystal displays

Home > Business > Industry

print dictionary print

Hewlett-Packard ends lawsuit over liquid-crystal displays

Hewlett-Packard ended a lawsuit in which it accused Chunghwa Picture Tubes and Tatung of America of fixing the prices of liquid-crystal display screens.

The three companies, in a filing yesterday in federal court in San Francisco, agreed to the dismissal of the case filed last year. The filing didn’t explain why Hewlett-Packard was dropping its claims against the Taiwanese companies.

Hewlett-Packard had alleged that it incurred more than $1 billion in damages from overcharges for the screens that it purchased through its Singapore unit and a Taiwan-based procurement service. Hewlett-Packard claimed that Chunghwa, Tatung and other LCD makers conspired to set prices and restrict output for panels from 1998 to 2006.

Bloomberg

More in Industry

Luxury loungewear is no longer just for lounging

KGC to work on a ginseng-based vaccine adjuvant

Hanwha Techwin continues selling CCTV systems overseas

Popeyes to close all branches in Korea this month

Contract signed for Covid-19 vaccine

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now