Electronics Production | December 01, 2009
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.