Earlier today, The Korea Times reported that Samsung would stop selling LCD panels to Apple. That report seems to be wrong. Samsung has come out to say that, “Samsung Display has never tried to cut the supply for LCD panels to Apple.” More »
In an LCD panel price fixing tiff that’s been raging on for what seems like time incarnate, Sharp has settled with Dell and two unnamed companies for $198.5 million to make it go away. Japanese panel makers like LG, Samsung and Toshiba are also defendants in the legal dragnet, and numerous fines and settlements totaling more than a billion dollars have already been paid out to the likes of AT&T and the US Department of Justice. This decision comes hot on the heels of an $87 million setback in court for Toshiba — a ruling that may have taken the edge off of Sharp’s defense.
Sharp settles LCD price fixing dispute with Dell and others for $200 million originally appeared on Engadget on Mon, 09 Jul 2012 09:35:00 EDT. Please see our terms for use of feeds.
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