lcd panel price fixing supplier

Alibaba.com offers 2,783 lcd price fixing products. such as machinery repair shops, manufacturing plant, and retail. You can also choose from 6 months, 3 months. As well as from provided. And whether lcd price fixing is black, or blue.

lcd panel price fixing supplier

VISLCD has been engaged in LCD production and sales for 9 years, and we have met many customers who shared with us that they had encountered unreliable LCD suppliers.

For example, the answer is not what you asked for, the LCD product cannot be delivered on time, the price of the LCD suddenly increases, the LCD module suddenly breaks down during the use of the product, or even the LCD is discontinued after less than 1 year of delivery…etc. In addition, there are many customers who are not sure what type of LCD supplier they are looking for.

In view of all the above, VISLCD has written this article to share knowledge about LCD suppliers and other issues related to LCD. We believe it will be helpful to LCD customers.

To understand LCD suppliers, we first need to know what kinds of LCD suppliers are available. Then LCD customers can find the right supplier based on information such as their product applications, LCD requirements and forecast volume.

LCD original manufacturer refers to the original manufacturer of LCD panel. Originated from the USA in the 1960’s, after more than 50 years of development, the manufacturers are now mainly located in China mainland, Korea and Taiwan. Among them, the Chinese manufacturers in recent years rely on the rapid scale, technology development and price advantage, has gradually occupied the main market share.

The video below is an official video presentation of the BOE display factory and Century Display (CTC), which will give you a more visual understanding of the original LCD manufacturer.

The 5.1 generation TFT-LCD line of Century Display in Shenzhen, China, for example, has been put into operation since 2008 with a cumulative fixed investment of more than $4 billion, and the cost of water, electricity, employee wages and equipment depreciation is as high as $0.5~100 million/month. The monthly production capacity is about 100,000 sheets ( 1300*1200mm/sheet). If all of them are used to produce 7-inch LCD panels, then the monthly shipment volume is up to 9,000,000 pcs. Therefore, a very large monthly shipment volume is required to meet the normal operation of the factory.

This is only the 5.1 generation TFT-LCD line, if it is 8.5 generation line or even 10 generation line or more, then the cost and shipment volume may be several times or even ten times more. It should be noted that the number of generations of LCD lines does not mean that the technology is high or low. The higher the generation, then the larger the size of the LCD can be put into production, of course, the greater the volume of shipments and investment amount.

LCD original manufacturers generally provide mainly LCD panels, but also provide COG (LCD + IC), FOG (LCD + IC + FPCA cable) and other kinds of LCD semi-finished products. Also includes a small amount of the original LCD module. But the original LCD factory will only deal with the famous brand companies directly (such as Apple, Dell, Xiaomi, etc.), or through agents to ship. And the MOQ quantity requirement is very high (generally 1,000,000 pcs/month or more), the unit price of original LCD module is also high and the degree of customization is low.

LCD original manufacturers usually have an order MOQ requirement for their agents, which translates into an LCD unit quantity of no less than 100,000pcs/month. When the LCD demand is high, this will not be a problem; but when the market is low, the agent must buy the agreed MOQ quantity of LCD from the original LCD manufacturer even if there is no customer demand for the time being. So when the low season, if your order quantity is large enough, then you may get a very good LCD panel price from the LCD agent, which may even be lower than the agent’s purchase price.

LCD module manufacturers is to purchase LCD semi-finished products (such as LCD panel, COG or FOG) from LCD agents, then purchase ICs from IC agents, produce or purchase backlight, FPCA cable and touch screen components, and then integrate all the above components into LCD module or touch LCD module. LCD module factories vary in size from tens of millions of pcs to hundreds of thousands of pcs shipped per month.

Medium and large size module factory generally get the semi-finished products are FOG LCD (also known as open cell LCD) from the original LCD manufacturers or LCD agents, and then add the backlight assembly into the finished LCD module. The advantage of doing so is that the quality is relatively stable, but the degree of customization will be much lower. Because FOG LCD already includes FPCA cable, generally speaking, the only thing that can be customized is the brightness of the backlight and the touch panel and cover glass (if needed). The rest are difficult to change, unless the customer’s LCD demand is very large.

The small and medium size module factory after years of mature development of the industry, the degree of customization will be much more flexible. The semi-finished products are mainly LCD panels, which means that the backlight size, backlight brightness, FPCA cable design, shape and PIN number, as well as the touch panel and cover glass can all be customized according to the customer’s requirements. But the MOQ requirement is higher for the backlight size. Other parts of the customization generally require LCD MOQ of at least 2,000~5,000 pcs, which varies depending on the LCD size.

Since LCD module manufactures vary in size and quality control(especially small and medium size LCD module factories), and most of the components are sourced, the selection of module factories is particularly important if customers want to buy LCDs with good quality and competitive prices.

For example, if the factory’s customers are mostly low-cost products or repaired product manufacturers, then it can be assumed that the quality of his products is not too good, LCD panels and some other components may be B-grade products, not A, can only meet short-term use.

This is essential to ensure supply. In case of supply shortage, many module factories with insufficient upstream channels sometimes cannot even start production. Because they can not buy raw materials such as LCD panels and ICs.

As the name implies, trading companies do not have their own factories, but directly sell finished LCD products from LCD resellers or LCD modules from module manufacturers. Generally speaking, the LCD prices of trading companies are relatively high and the quality and reliability are a little weaker. However, there is no shortage of good trading companies with good quality management teams and good upstream channel resources. The biggest advantage of trading companies is their flexibility, which can meet the diversified needs of customers.

2) Shenzhen has 3 types of buildings related to lcd (including other electronic products): office buildings, factories and markets. Almost all LCD panel and IC agents are located in various office buildings in Shenzhen, while component factories such as FPCA, Touch panel and backlight are located in various industrial parks in the suburbs. It is possible to find the right components and develop new products in the shortest time. Of course, there is also the famous Huaqiang bei(north) Electronic Market, a very complex place.

VISLCD was a trading company in the early days. But after nearly 9 years of development, it has developed into a combination of LCD module factory and LCD agent. The company is located in LCD base Shenzhen, China and operates in both Hong Kong and Shenzhen. We have our own module factory and have direct relationship with Century Display, LG, HKC and other LCD original manufacturers. Our main employees are also from these LCD manufacturers. We also accept all kinds of customized LCD business. Therefore, VISLCD is one of the best choices for medium-sized customers in terms of quality stability, semi-finished parts supply and customization.

lcd panel price fixing supplier

(AP) -- New York Attorney General Andrew Cuomo has sued several major suppliers of liquid crystal display screens used in computers, televisions and cell phones, claiming consumers paid extra because of price fixing.

lcd panel price fixing supplier

If you would like to know the status of your claim, email the Notice Administrator at info@lcdclass.com or call the toll-free hotline at 1-855-225-1886.

Read this please. People other than these states are they eligible or no ? Under the terms of the LCD price-fixing settlement, the companies will pay a combined $1.1 billion to consumers in 24 states and Washington, D.C. that purchased a laptop, computer monitor or television with a flat-panel LCD display between January 1, 1999 and December 31, 2006 manufactured by one of these companies.

The LCD class action settlement only covers consumers who purchased INDIRECTLY from these companies. “Indirectly” means that you purchased an LCD panel in a television, monitor or notebook computer from someone other than the manufacturer of that panel (such as at Best Buy, Amazon.com, etc.). The states covered under the LCD class action settlement include:

UPDATE 3: On Oct. 27, 2014, our readers began reporting that they finally from the LCD panel class action settlement. Some readers have received checks worth hundreds of dollars. Let us know how much money YOU received in the comments section below. Congratulations!

Called the number this a.m. here in Florida because I wanted to know about the distribution of checks and the rep told me that my check was issued on Saturday past. I am anxiously awaiting the arrival of my funds simply because I have waited a long time. However, she could not or would not provide the amount of my check, she told me that they could not give that information out over the phone. Go figure. Therefore, I asked her about how many panels had I claimed since it had taken so long and I forgot the information and she glady gave me that information. From that I was able to multiply and come up with a round about figure. I will post later when I get off from work to see if it is in the mail today. I am giving it until Friday to show up, I hope it comes soon though.

UPDATE 10/23/14: A federal judge reportedly gave authorization to distribute the LCD class action settlement funds at a hearing on Oct. 17. 2014, and the checks are likely to be distributed the last week in October. Read more.

On July 24, 2014, you were sent an email advising you that all appeals in the LCD Indirect Purchaser Class Action Settlement had been dismissed and that the final steps necessary to disburse recoveries to Claimants were proceeding. This email is to provide you with an update on the status of these claim processing activities and the anticipated schedule for distributing checks. You will not receive any further email updates on the status of these procedures unless there is some significant unforeseen delay.

You are being sent this email because you filed a claim. Receipt of this email does not mean that your claim has been deemed eligible. If you would like to know if anything further is needed for your claim, or if you have questions, email the Notice Administrator at info@lcdclass.com or call the toll-free hotline at 1-855-225-1886. Additionally, please let us know if your address changes.

You previously filed a claim to share in the LCD Indirect Purchaser Class Action Settlement. As you may be aware, distribution of the settlement proceeds to Claimants had been delayed because of appeals from the Court’s approval of the settlements. All appeals have now been dismissed. Accordingly, we now can move forward with concluding the procedures necessary to disburse recoveries to Claimants. This email is to provide you with an update on the status of these claim processing activities.

You are being sent this email because you filed a claim. Receipt of this email does not mean that your claim has been deemed eligible. If you would like to know if anything further is needed for your claim, or if you have questions, email the Notice Administrator at info@lcdclaims.com or call the toll-free hotline at 1-855-225-1886. Additionally, please let us know if your address changes.

UPDATE: Distribution of funds from the LCD class action settlement has been delayed by appeals. The Settlement Administrator is estimating that the appeals will not be resolved until 2015 to 2018. More info: http://topclassactions.com/lawsuit-settlements/lawsuit-news/23583-update-lcd-class-action-settlement-money-delayed-appeals/

You are being sent this email because you filed a claim in the LCD Indirect Purchaser Class Action Settlement. This email is to provide an update on the court proceedings in this case which directly affect when payments will be disbursed under the Settlement.

Receipt of this email does not mean that your claim has been deemed eligible. We are continuing to review claims and we will contact you if your claim is deficient or additional information is needed. If you would like to know if anything further is needed for your claim, or if you have questions regarding the Court proceedings, please feel free to email the Notice Administrator at info@lcdclass.com or call the toll-free hotline at 1-855-225-1886. Additionally, if you change addresses, please let us know.

If you click on the link above…LCD.com, it states that all 10 settlements have final approval with the court. There are appeals pending & that no payments will be made to class members until all appeals are resolved. This was updated 9/27/13.

Sent in all required paperwork (plenty of time) -received a letter dated Feb. 21, 2013 – stating “All proof you submitted to support your claim was accepted.” – Contacted LCD to check on the status – they told me “you failed to send in your paperwork!” I’m a bit upset over this!

I have a indirect claim that I filed a long time ago. I even received a letter wanting to clarify the number of screens I purchased. Now today I get an LCD FLAT PANEL CONSUMER CLAIM FORM….did anybody else receive the same thing? Why would they send this out now?

lcd panel price fixing supplier

Hewlett-Packard has filed a complaint against display manufacturers Chunghwa Picture Tubes and Tatung Company of America, seeking to recover damages it claims it suffered as a result of their involvement in a price fixing scheme.

In November 2008, Chungwha pleaded guilty to participating in a conspiracy together with other display manufacturers, including LG Display and Sharp, to set the prices of Thin-Film Transistor-Liquid Crystal Display (TFT-LCD) panels to predetermined levels. The company agreed to pay a US$65 million criminal fine at the time.

"HP has filed suit against Chungwha Picture Tubes, Ltd. and its subsidiary Tatung Company of America, Inc., in a California court to recover damages the company suffered as a result of the defendant"s admitted participation in a TFT-LCD price fixing scheme from 1996-2006," HP"s vice president of corporate communications, Howard Clabo, said Tuesday via email.

lcd panel price fixing supplier

A total of six companies have been accused of holding 53 secretive meetings in Taiwan and South Korea to agree on prices for LCD panels, according to Bloomberg. China"s National Development and Reform Commission also fined Chunghwa Picture Tubes Ltd. and HannStar Display Corp. in the price fixing scheme.

The commission reportedly said that the companies, which mainly build LCD panels for TVs, also shared other confidential information between them. It also revealed that the companies confessed to their crimes.

For its part, Samsung Display Co. said it ceased participation in price fixing at the end of 2005. Though the company is a fierce rival, Samsung remains a key supplier to Apple, and was initially the only manufacturer of Retina displays for the third-generation iPad.

LG, Samsung and Chunghwa were also hit with $585 million in fines in 2008 when all three companies pleaded guilty to price fixing in the LCD display market. At the time it was revealed that Sharp"s role in the matter affected Apple from September 2005 to December 2006, when Sharp supplied iPod displays.

lcd panel price fixing supplier

LG Display, Sharp, and Chunghwa Picture Tubes agreed to plead guilty to criminal charges for participating in a liquid crystal display price-fixing conspiracy and pay $585 million in fines, the U.S. Department of Justice announced Wednesday.

The three companies worked in concert to set prices on thin-film transistor LCDs, which are used in computer monitors, notebooks, televisions, mobile phones, and various electronics, according to the antitrust unit of the Justice Department.

"The price-fixing conspiracies affected millions of American consumers who use computers, cell phones, and numerous other household electronics every day," Thomas Barnett, assistant attorney general for the Justice Department"s antitrust division, said in a statement.

The three companies, which were charged with violating the Sherman Antitrust Act, allegedly held "crystal" meetings and engaged in communications about setting prices on the TFT-LCD displays. They agreed to charge predetermined prices for the displays, issued price quotes based on those agreements, and exchanged sales information on the display panels, in order to monitor and enforce the agreement, the Justice Department said.

LG Display agreed to pay a $400 million fine, marking the second-highest antitrust fine ever imposed. The company pleaded guilty to setting prices with other unnamed suppliers for the TFT-LCD panels worldwide from September 2001 to June 2006, when the company operated under the name L.G. Philips LCD, a joint venture between LG Electronics and Philips Electronics. LG Display America was known as L.G. Philips LCD America.

Sharp, meanwhile, agreed to pay a $120 million fine and participated in the conspiracy between April 2001 and December 2006 with other unnamed suppliers. The conspiracy involved setting prices in three separate agreements for TFT-LCD panels sold to Dell, which used them in computer monitors and laptops.

And during the period ranging from the fall of 2005 to mid-2006, similar price-fixing schemes were employed in sales to Motorola, which used the panels in its popular Razr mobile phones.

For the LCD industry, problems began in the late 1990s when a surge in demand for notebooks and handheld devices drove up the need for LCD glass. As a result, the TFT-LCD makers built glass plants in Korea and Taiwan during 1998 through 1999.

But as those factories came online and began to pump out LCD glass, a glut took hold. And by the fall of 2000, prices on 15-inch flat panels plummeted to a point that in some cases manufacturers were having to sell their panels at $5 to $10 below cost.

And apparently, it was no coincidence. Five months prior, Sharp had begun fixing prices on TFT-LCD panels sold to PC giant Dell and in September 2001, LG and Chunghwa also began to engage in price fixing, as well.

IDC analyst Bob O"Donnell noted at the time that while PCs tend to only go down in price over time, flat panel prices have occasionally risen. Said O"Donnell at the time:

Although Sharp admits to engaging in price fixing with Apple"s iPod screens in the 2005 to 2006 period, it remains unclear whether other vendors may have engaged in a similar behavior with Apple back in 2002.

That"s when Apple was hit with a component shortage of 15-inch LCD panels for its newly introduced all-in-one flat panel iMacs. As a result, Apple suffered a shortage of iMacs after introducing and touting its sleek iMac.

lcd panel price fixing supplier

The TFT-LCD (Flat Panel) Antitrust Litigationclass-action lawsuit regarding the worldwide conspiracy to coordinate the prices of Thin-Film Transistor-Liquid Crystal Display (TFT-LCD) panels, which are used to make laptop computers, computer monitors and televisions, between 1999 and 2006. In March 2010, Judge Susan Illston certified two nationwide classes of persons and entities that directly and indirectly purchased TFT-LCDs – for panel purchasers and purchasers of TFT-LCD integrated products; the litigation was followed by multiple suits.

TFT-LCDs are used in flat-panel televisions, laptop and computer monitors, mobile phones, personal digital assistants, semiconductors and other devices;

In mid-2006, the U.S. Department of Justice (DOJ) Antitrust Division requested FBI assistance in investigating LCD price-fixing. In December 2006, authorities in Japan, Korea, the European Union and the United States revealed a probe into alleged anti-competitive activity among LCD panel manufacturers.

The companies involved, which later became the Defendants, were Taiwanese companies AU Optronics (AUO), Chi Mei, Chunghwa Picture Tubes (Chunghwa), and HannStar; Korean companies LG Display and Samsung; and Japanese companies Hitachi, Sharp and Toshiba.cartel which took place between January 1, 1999, through December 31, 2006, and which was designed to illegally reduce competition and thus inflate prices for LCD panels. The companies exchanged information on future production planning, capacity use, pricing and other commercial conditions.European Commission concluded that the companies were aware they were violating competition rules, and took steps to conceal the venue and results of the meetings; a document by the conspirators requested everybody involved "to take care of security/confidentiality matters and to limit written communication".

This price-fixing scheme manipulated the playing field for businesses that abide by the rules, and left consumers to pay artificially higher costs for televisions, computers and other electronics.

Companies directly affected by the LCD price-fixing conspiracy, as direct victims of the cartel, were some of the largest computer, television and cellular telephone manufacturers in the world. These direct action plaintiffs included AT&T Mobility, Best Buy,Costco Wholesale Corporation, Good Guys, Kmart Corp, Motorola Mobility, Newegg, Sears, and Target Corp.Clayton Act (15 U.S.C. § 26) to prevent Defendants from violating Section 1 of the Sherman Act (15 U.S.C. § 1), as well as (b) 23 separate state-wide classes based on each state"s antitrust/consumer protection class action law.

In November 2008, LG, Chunghwa, Hitachi, Epson, and Chi Mei pleaded guilty to criminal charges of fixing prices of TFT-LCD panels sold in the U.S. and agreed to pay criminal fines (see chart).

The South Korea Fair Trade Commission launched legal proceedings as well. It concluded that the companies involved met more than once a month and more than 200 times from September 2001 to December 2006, and imposed fines on the LCD manufacturers.

Sharp Corp. pleaded guilty to three separate conspiracies to fix the prices of TFT-LCD panels sold to Dell Inc., Apple Computer Inc. and Motorola Inc., and was sentenced to pay a $120 million criminal fine,

Seven executives from Japanese and South Korean LCD companies were indicted in the U.S. Four were charged with participating as co-conspirators in the conspiracy and sentenced to prison terms – including LG"s Vice President of Monitor Sales, Chunghwa"s chairman, its chief executive officer, and its Vice President of LCD Sales – for "participating in meetings, conversations and communications in Taiwan, South Korea and the United States to discuss the prices of TFT-LCD panels; agreeing during these meetings, conversations and communications to charge prices of TFT-LCD panels at certain predetermined levels; issuing price quotations in accordance with the agreements reached; exchanging information on sales of TFT-LCD panels for the purpose of monitoring and enforcing adherence to the agreed-upon prices; and authorizing, ordering and consenting to the participation of subordinate employees in the conspiracy."

On December 8, 2010, the European Commission announced it had fined six of the LCD companies involved in a total of €648 million (Samsung Electronics received full immunity under the commission"s 2002 Leniency Notice) – LG Display, AU Optronics, Chimei, Chunghwa Picture and HannStar Display Corporation.

On July 3, 2012, a U.S. federal jury ruled that the remaining defendant, Toshiba Corporation, which denied any wrongdoing, participated in the conspiracy to fix prices of TFT-LCDs and returned a verdict in favor of the plaintiff class. Following the trial, Toshiba agreed to resolve the case by paying the class $30 million.

lcd panel price fixing supplier

CMO, in a brief statement released Thursday, said it reached the plea agreement with the U.S. Department of Justice, which has been investigating allegations of anticompetitive pricing activities among many of the world"s largest manufacturers of thin film transistor liquid crystal display (TFT-LCD) panels.

CMO said it would pay the $220 million fine in installments over five years and has agreed to cooperate with the Justice Department"s ongoing antitrust investigation. The company said the price-fixing applied to TFT-LCD panels manufactured between September 2001 and December 2006.

The Justice department has charged the LCD manufacturers with conspiring to charge pre-determined prices for the products. Other LCD manufacturers that have already pleaded guilty in the case include Epson Imaging Devices Corp. and Hitachi Displays, while Chungwa Picture Tubes Ltd., LG Display and Sharp Corp. have reached plea agreements with the Justice Department similar to the CMO deal.

The worldwide market for TFT-LCD panels at the end of the period in which the price-fixing conspiracy occurred was $70 billion, according to a statement issued by the Justice Department late Wednesday. The Justice Department said Apple, Dell and Hewlett-Packard, among the world"s largest manufacturers of devices that incorporate LCD panels, were most directly affected by the price fixing. Mobile phone maker Nokia and AT&T have sued many of the same LCD makers for damages for the alleged price fixing.

lcd panel price fixing supplier

Three electronics manufacturers -- LG Display, Sharp and Chunghwa Picture Tubes -- have agreed to plead guilty and pay a combined US$585 million in criminal fines for conspiring to fix the prices of liquid crystal display (LCD) panels, the U.S. Department of Justice announced Wednesday.

The DOJ filed the price-fixing charges in U.S. District Court for the Northern District of California in San Francisco Wednesday. The companies, in agreeing to settle the charges, also agreed to cooperate with the DOJ"s ongoing antitrust investigation.

Thin-Film Transistor LCD panels are used in computer monitors and laptops, television sets, mobile phones, and other electronic devices. In 2006, the worldwide market for TFT-LCD panels was approximately $70 billion, the DOJ said.

Companies directly affected by the LCD price-fixing conspiracies are some of the largest computer, television and cellular telephone manufacturers in the world, including Apple, Dell and Motorola, the DOJ said in a press release.

LG Display, a South Korean corporation, and its subsidiary, LG Display America, agreed to plead guilty to participating in a conspiracy from September 2001 to June 2006 to fix the price of TFT-LCD panels sold worldwide.

Sharp, a Japanese consumer electronics manufacturer, agreed to pay a $120 million fine for its participation in separate conspiracies to fix the prices of TFT-LCD panels sold to Dell from April 2001 to December 2006 for use in computer monitors and laptops; to Motorola from fall 2005 to the middle of 2006 for use in Razr mobile phones; and to Apple from September 2005 to December 2006 for use in iPod portable music players.

Chunghwa, a Taiwanese TFT-LCD panel manufacturer, has agreed to pay a $65 million fine for its participation with LG and other unnamed co-conspirators in a conspiracy from September 2001 to December 2006 to fix the prices of TFT-LCD panels sold worldwide.

"These price-fixing conspiracies affected millions of American consumers who use computers, cell phones and numerous other household electronics every day," Thomas Barnett, assistant attorney general in charge of the DOJ"s Antitrust Division, said in a statement. "These convictions, and the significant fines they carry, should send a clear message that the Antitrust Division will vigorously investigate and prosecute illegal cartels, regardless of where they are located."

All three companies were charged with carrying out the conspiracy by participating in multiple meetings to discuss TFT-LCD panel prices and by agreeing to charge set prices.

LG, Sharp and Chunghwa were each charged with price fixing in violation of the U.S. Sherman Act. Each violation normally carries a maximum fine of $100 million for corporations, but the fines can be increased to double the gain derived from the crime or twice the loss suffered by the victims.

LG Display, based in Seoul, South Korea, reported $15.3 billion in revenue for 2007. Sharp, based in Osaka, Japan, reported $34.2 billion in revenue for its fiscal year ending March 31, including $6.8 billion in revenue from LCD sales.

lcd panel price fixing supplier

(Reuters) - Samsung Electronics Co, Sharp Corp and five other makers of liquid crystal displays agreed to pay more than $553 million to settle consumer and state regulatory claims that they conspired to fix prices for LCD panels in televisions, notebook computers and monitors.A worker prepares a display of Sharp flat panel televisions for the 2009 International Consumer Electronics Show (CES) at the Las Vegas Convention Center in Las Vegas, Nevada, January 7, 2009. REUTERS/Steve Marcus

The settlement is the latest arising from lawsuits alleging the creation of an international cartel designed to illegally inflate prices and stifle competition in LCD panels between 1999 and 2006, affecting billions of dollars of U.S. commerce.

In December 2006, authorities in Japan, Korea, the European Union and the United States revealed a probe into alleged anti-competitive activity among LCD panel manufacturers. Many companies and executives have since pleaded guilty to criminal antitrust violations and paid more than $890 million in fines.

The latest payout includes $538.6 million to resolve claims by “indirect” purchasers that bought televisions and computers with thin film transistor LCDs, as well as claims by eight states: Arkansas, California, Florida, Michigan, Missouri, New York, West Virginia and Wisconsin.

“This price-fixing scheme manipulated the playing field for businesses that abide by the rules, and left consumers to pay artificially higher costs for televisions, computers and other electronics,” Schneiderman said in a statement on Tuesday.

Other defendants have yet to settle, including Taiwan-based AU Optronics Corp, one of the largest LCD panel manufacturers; South Korea’s LG Display Co and Toshiba Corp.

The accord follows a settlement this month by eight companies, including Samsung and Sharp, to pay $388 million to settle litigation by direct purchasers of the LCD panels.

lcd panel price fixing supplier

SEATTLE —Attorney General Bob Ferguson today announced the claims process for consumers to recover their share of a $63 million recovery in a price-fixing enforcement action brought by the Attorney General’s Office.

In May 2015, the AGO announced it recovered over $63 million from nine Liquid Crystal Display (LCD) screen manufacturers, whose price-fixing conspiracy drove up prices consumers paid on electronic items. The bulk of the money recovered will be returned to consumers who purchased products containing LCDs.

From 1998–2006, consumers in Washington and throughout the world were significantly overcharged every time they bought a product with a liquid crystal display — or LCD — screen, because of a conspiracy by the world’s largest LCD manufacturers. For some products, this scheme may have increased the price consumers paid by as much as 20 percent.

The AGO cautions consumers that a third-party agent, Financial Recovery Services, has set up a website to file claims on behalf of consumers but will charge one-third of the recovery money to do so. Consumers can file their own claims for free at the official government website: www.lcdsettlement.atg.wa.gov.

Washington consumers and businesses that bought televisions, monitors, notebook computers, color-screen cell phones, or color-screen iPods that contained a flat panel screen may be eligible for a refund. Eligible consumers include those who:

Products containing an LCD flat panel during the relevant time period include most televisions referred to as LCD or LED TVs, flat-screen monitors, notebook computers, color-screen cell phones purchased beginning in 2004 and color-screen iPods.

The amount consumers and businesses could expect to receive will vary depending on the product(s) purchased. The maximum is $108 per LCD television, $70 per flat-screen monitor and $75 per notebook computer, with lesser amounts for color-screen cell phones and color-screen iPods.

Consumers must submit a claim form online or by mail. Claim forms are available at www.lcdsettlement.atg.wa.gov, or by calling 1-866-778-9468. The deadline to submit a claim is June 17, 2016.(UPDATE:  Deadline extended to Sept. 30, 2016).

lcd panel price fixing supplier

of Sharp Corp. and Hitachi Display Ltd, according to a report this week citing an FTC official. Both companies are accused of price fixing on Nintendo DS LCD panels. The accusation goes back to 2005. As these are the only two suppliers of the panels for the DS system, the

Price fixing alleges that the companies, in order to maintain high profits and not incur losses due to rapidly-declining LCD panel prices, mutually agreed behind closed doors to maintain high supplier costs and not allow Nintendo to purchase the screens at a lower price. Since they are the only two suppliers of the screens, Nintendo had no option but to continue buying from Hitachi and Sharp.

The Kyoto-based Nintendo DS debuted in 2004 and has sold over 64 million worldwide. Nintendo has not stated whether it would immediately seek another supplier for the DS LCD panels.