Nokia sues LCD makers for price fixing

Display manufacturers have already pleaded guilty to price fixing in the U.S., making Nokia confident of victory

Nokia is suing display manufacturers Samsung, LG, Philips, Toshiba and others for price-fixing. As a result of the price fixing Nokia has paid too much for displays, and now the company wants some of its money back, it said on Tuesday.

Nokia has filed suits against the display manufacturers in the U.S. and U.K. related to LCD screens, and another suit in the U.K. related to CRT (cathode ray tube) displays.

Nokia isn't elaborating on how much money it wants, but it's after damages for products sold between Jan.1, 2006, and at least Dec. 11, 2006, according to documents filed with the U.S. District Court for the Northern District of California.

That companies including LG, Sharp and Hitachi have already pleaded guilty to price-fixing on LCD displays and paid fines in an investigation headed by the U.S. Department of Justice makes Nokia confident of a victory, the company said.

The European Union is also looking into display price-fixing. On Nov. 26, the European Commission accused CRT manufacturers, including Philips, of running cartels in the markets for computer monitors and TVs.

Nokia uses LCD technology in its mobile phones and used to make CRT displays. Since the company sells about 35 million phones per month, small changes in what Nokia pays for displays could have large effects on its costs.

This is the second high-profile suit the Finnish phone manufacturer has filed in recent months. In October, the company said it is suing Apple for violating 10 different patents owned by Nokia on the iPhone.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags Nokialegallcddisplaysprice fixing

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Mikael Ricknäs

IDG News Service
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?