[High-tech LED News] It is reported that South Korean anti-monopoly regulators have announced a fine of 194 billion won (about 1.1 billion yuan) for 10 Asian LCD panel makers on the grounds of jointly operating market prices. The fines have reached the highest level in Korea.
Among them, the highest penalty is Samsung's global panel leader and its overseas subsidiaries, with a fine of 97.2 billion won, and LG Display and its overseas subsidiaries were fined 65.5 billion won, ranking second.
The Korea Fair Trade Commission pointed out that companies such as Chi Mei, AU Optronics, South Korea’s Samsung Electronics and LG Display have secretly held bilateral or multilateral meetings every two months between 2001 and 2006 to discuss how to avoid the price collapse of panels due to oversupply. Countermeasures.
Among them, the highest penalty is Samsung's global panel leader and its overseas subsidiaries, with a fine of 97.2 billion won, and LG Display and its overseas subsidiaries were fined 65.5 billion won, ranking second.
The Korea Fair Trade Commission pointed out that companies such as Chi Mei, AU Optronics, South Korea’s Samsung Electronics and LG Display have secretly held bilateral or multilateral meetings every two months between 2001 and 2006 to discuss how to avoid the price collapse of panels due to oversupply. Countermeasures.
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