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Hitachi Fined $31 Million For LCD Price Fixing

MojoKid writes "The Japanese electronics manufacturer has just agreed to pay a staggering $31 million fine for its role in a conspiracy to fix prices in the sale of TFT-LCD panels sold to Dell, Inc. The United States Department of Justice made the proclamation, and details show that Hitachi has plead guilty to a one-count felony. The charge, which was filed in the U.S. District Court in San Francisco, blames Hitachi Displays Ltd., a subsidiary of Hitachi Ltd., with 'participating in a conspiracy to fix the prices of TFT-LCD sold to Dell for use in desktop monitors and notebook computers from April 1, 2001 through March 31, 2004.'"

3 of 135 comments (clear)

  1. Rights by darkpixel2k · · Score: 4, Funny

    details show that Hitachi has plead guilty to a one-count felony.

    Damn. Poor Hitachi. They just lost their right to vote and carry a gun.

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  2. Re:So who's going to gaol?? by enoz · · Score: 2, Funny

    Just because your colony resorted to spelling everything phonetically...

  3. Re:So who's going to gaol?? by fractoid · · Score: 3, Funny

    He shoost, he scroes! GAAAAOOOOOOOOOOOLLLLLL!!!

    Using all caps is what you're *meant* to do when someone scores a gaol, silly flitter!

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