Feeds

LCD maker cops to international price-fixing conspiracy

Apple, Dell, HP bilked

SANS - Survey on application security programs

Yet another seller of LCD panels has copped to international price-fixing that bilked Apple, Dell, and HP, among others.

Taiwan-based HannStar Display Corporation has agreed to pay a $30m criminal fine for its role in a global conspiracy to fix prices of monitors that use TFT-LCD, or thin-film transistor-liquid crystal display, technology. Federal prosecutors in San Francisco allege that the company participated in the industry cabal from 2001 to 2006, artificially driving up prices of monitors, laptops, mobile phones, and other electronic devices.

HannStar is the seventh company to admit participating in the price-fixing scheme, according to Justice Department officials. The companies have collectively agreed to pay more than $890m in fines. Other companies that have pleaded guilty include Hitachi Display, LG Display, Sharp, and Chunghwa Picture Tubes.

The prosecutions are the result of a joint investigation conducted by the FBI and the San Francisco field office for the Justice Department's antitrust division. ®

High performance access to file storage

More from The Register

next story
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Putin tells Snowden: Russia conducts no US-style mass surveillance
Gov't is too broke for that, Russian prez says
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
Mounties always get their man: Heartbleed 'hacker', 19, CUFFED
Canadian teen accused of raiding tax computers using OpenSSL bug
Heartbleed exploit, inoculation, both released
File under 'this is going to hurt you more than it hurts me'
Arts and crafts store Michaels says 3 million credit cards exposed in breach
Meanwhile, Target investigators prepare for long process in nabbing hackers
Canadian taxman says hundreds pierced by Heartbleed SSL skewer
900 social insurance numbers nicked, says revenue watchman
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.