Jan 04
Samsung And LG Under Fire In China
Posted in: Today's Chili
Fellow South Korean consumer electronics giants Samsung and LG were fined in their homeland in 2011 for price fixing its displays. And now the two companies are under fire in China for allegedly manipulating the prices of its flat panels. China’s National Development and Reform Commission has ordered Samsung and LG, together with four other companies, to pay a combined 353 million yuan or $56.7 million. Joining the two companies are Innolux, AU Optronics, HannStar Display, and Chunghwa Picture Tubes. (more…)
By Ubergizmo. Related articles: Google TV Plans To Make A Big Return At CES With More Partners, [CES 2013] AT&T Unite Is a 4G LTE Hotspot With 2.4-inch Touchscreen,
Post a Comment