Nokia alleges price-fixing in LCD markets

Published by Ewan Spence at 9:06 UTC, December 1st 2009

Nokia have filed suit in San Francisco against a number of LCD manufacturers (including Samsung and LG) claiming they colluded to fix pricing on LCD panels (reports Bloomberg). In Nokia's words “the liquid crystal displays were incorporated into Nokia mobile wireless handsets... [and] artificially inflated the price of liquid crystal displays ultimately incorporated into LCD products purchased by Nokia, causing Nokia to pay higher prices.”

The claim is similar to one made by AT&T in the San Francisco courts and cites investigations by the US Justice Department into price fixing on display panels. We'll keep half an eye on this one, because there's a fine negotiating line for the Finnish company (and others!) to walk here to get the best deal while not terminally damaging their supply chain.


 

Filed: Home > News > Nokia alleges price-fixing in LCD markets

Platforms: General, General

Categories: Links of Interest, Industry

News Discussion

Unregistered
Hmmm. Nokia upsetting all the worlds display suppliers. Good move......
Captain Jon
And why shouldn't they?
Unregistered
Quote:
Originally Posted by Captain Jon View Post
And why shouldn't they?
No reason at all, if they don't need display panels.
Unregistered
> Hmmm. Nokia upsetting all the worlds display suppliers. Good move......

Yes - because only Apple and the Android makers could ever be allowed to take offence at illegalities that damage them! How dare Nokia be upset at illegal moves against it! Whatever next!?

Oh dear, you gotta laugh at trolls like this.
Unregistered
Quote:
Originally Posted by Unregistered View Post
>
Oh dear, you gotta laugh at trolls like this.

Why exactly?

You seem to have got the wrong end of the stick completely. Admittedly that's not unusual on AAS. If you need me to simplify it down to your under 10s age group, let me know.
stuclark
Getting back to some form of topic; what's interesting here is that most of the companies being sued, including LG, have already admitted that they colluded to fix prices!
buster
Mind you, it makes you wonder if Samsung will continue to launch Symbian devices after this....
Unregistered
Commenters here believe that large corporations make decisions like playground boys choose loyalties. Could the display makers afford to not sell LCDs to Nokia, one of the largest handset makers? Would Samsung stop making Symbian devices to spite Nokia? Corporations make decisions based on profit and shareholders, not playground games, and sometimes that makes for strange bedfellows.

Full thread: 8 Comments / Post New Comment

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