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EU Fines 6 LCD Display Firms EUR649 Million For Fixing Prices

BRUSSELS -(Dow Jones)- The European Commission Wednesday fined six makers of liquid crystal display screens a total of EUR649 million for operating a cartel over five years. Samsung Electronics (005930.SE) and LG Display (034220.SE) of Korea, and Taiwanese firms AU Optronics (2409.TW), Chimei InnoLux Corporation (3481.TW), Chunghwa Picture Tubes (2475.TW) and HannStar Display Corporation (6116.TW) agreed on prices and shared other commercial sensitive information at monthly meetings in hotels in Taiwan between 2001 and 2006. LG Display was fined EUR215 million, AU Optronics EUR117 million, Chimei InnoLux EUR300 million, Chungwa EUR9 million and HannStar EUR8 million. Samsung Electronics received full immunity from the fines for blowing the whistle on the cartel. -By Carolyn Henson, Dow Jones Newswires; +32 2 741 1 480; carolyn.henson@dowjones.com

Stock News for Au Optronics (AUO)
DateTimeHeadline
04/29/201322:00:10Another AU Optronics Executive Jailed in U.S.
04/29/201321:42:39Another AU Optronics Executive Jailed in US for Price Fixing
12/19/201222:11:14US Jury Finds AU Optronics Executive Guilty of Price Fixing
12/04/201216:22:08Hewlett-Packard Sues Chunghwa, Tatung, Alleging LCD Screen Price-Fixing...
10/16/201216:53:43ADR Report: Shares Rise Amid Spain Hopes
10/03/201204:00:08Apple Begins Mass-Producing Smaller Tablets
10/03/201203:52:05Apple Suppliers Now Mass-Producing Tablets Smaller Than Existing...
09/20/201220:26:07AU Optronics: Will Book US$223 Million Additional Provision for...
09/20/201217:01:08ADR Report: Shares End Lower Amid Weak European, Asian Economic...
09/13/201200:20:52AU Optronics Faces $1 Billion U.S. Fine Over Price Fixing
09/12/201223:51:35AU Optronics: US Seeks US$1 Billion Fine From Firm Over Price...
09/12/201210:10:16U.S. Seeks $1 Billion Price-Fixing Fine for AU Optronics
07/04/201210:01:06SUBSCRIBERS: Apple Asian Mass Production Plans Already Reported
07/04/201208:59:21Apple Asia Suppliers Prepare Mass Production of Smaller Tablet...
06/14/201217:11:13ADR Report: Shares Higher on Chatter Ahead of Greek Election
03/13/201221:55:23AU Optronics Says To Appeal U.S. Price-Fixing Guilty Verdict
03/09/201217:10:47ADR Report: Shares Lower As Financials Fall
06/27/201122:02:24AU Optronics: Suing Samsung, Its Customers On LCD Patent Infringement
06/09/201123:47:11AU Optronics Chairman: To Focus On Growing In Emerging Markets...
06/07/201104:20:15BrandsMart Sues Samsung, LG, AUO, Toshiba Among Others For Alleged...

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