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Electronics Production |

Nokia sues Asian LCD manufacturers

Finnish Mobile Phone giant Nokia has filed a lawsuit on November 25th with the federal court in San Francisco. Nokia sues several LCD manufacturers over price fixing issues.

Several Asian companies – among them Samsung Electronics, LG Display, AU Optronics and Toshiba – have been sued for conspiring to raise the price of displays above the level in a competitive market. Nokia now seeks unspecified damages and that the collusion is stopped immediately.

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April 15 2024 11:45 am V22.4.27-2
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