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Latest LG Display Stories

2009-06-17 09:00:00

Innovative LCD HDTVs Display Game Highlights while Touchscreen Displays Direct Fans to Concessions, Baseball Stats, MLB News, Text and Twitter ORLANDO, Fla., June 17 /PRNewswire/ -- LG Electronics and Ecast announced their collaboration on a state-of-the art, multi-screen, interactive and live media display network installed throughout the White Sox Baseball Stadium at U.S. Cellular Field's Club Level, now dubbed the "LG Skyline Club," this week at InfoComm 2009. Highlighting the growing...

2009-05-21 16:00:00

Number of U.S. companies on the list rises to 43 from 33 last year NEW YORK, May 21 /PRNewswire-FirstCall/ -- For the third consecutive year, Amazon.com tops BusinessWeek's annual InfoTech100 ranking of tech's top performing companies. In 2007, Amazon.com vaulted from No.23 to No.1, and the company retains the top spot for another year, beating out Oracle (No.2), Research in Motion (No.14), and Samsung (No.15). Apple fell from No.2 in 2008 to No.19 and Google dropped from No.11 to No.37. To...

2009-04-27 13:22:00

To Date, Four Companies Have Agreed to Plead Guilty and to Pay More Than $616 Million in Fines and Nine Executives Have Been Charged WASHINGTON, April 27 /PRNewswire-USNewswire/ -- A high-level Korean executive from LG Display Co. Ltd. (LG) has agreed to plead guilty and serve a year in jail in the United States for participating in a global conspiracy to fix prices in the sale of Thin Film Transistor-Liquid Crystal Display (TFT-LCD) panels, the U.S. Department of Justice announced today....

2009-04-27 14:40:27

A senior LG Display Co. executive from South Korea has agreed to plead guilty in a global conspiracy to fix prices for LCD panels, U.S. authorities said Monday. As part of his agreement to plead to one felony count in U.S. District court in San Francisco, Bock Kwon will serve a year in jail in the United States. Federal prosecutors said Kwon, who at one time was president of LG's Taiwan subsidiary, conspired with employees from other makers of thin film transistor-liquid crystal display...

2009-03-31 20:32:29

A Hitachi Displays Ltd. executive was indicted Tuesday on U.S. charges he took part in a global conspiracy to fix prices for computer screen components. A grand jury in San Francisco charged Sakae Someya with scheming with unnamed co-conspirators to artificially inflate prices of Thin Film Transistor-Liquid Crystal Display panels Hitachi sold to Dell Inc. Someya, described as a high-level Hitachi executive, faces up to 10 years in prison and a $1 million fine if convicted. The U.S. Justice...

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2009-03-10 16:25:00

The U.S. Justice Department said Tuesday that Japan-based Hitachi Displays Ltd., a subsidiary of Hitachi Ltd., has agreed to pay $31 million for its role in conspiring to fix prices of LCD panels sold to U.S. computer maker Dell Inc. With the Hitachi plea, which is subject to court approval, the U.S. government will have now collected more than $600 million in criminal fines originating from the LCD price-fixing. "Hitachi joins three other multinational companies who have admitted to their...

2009-03-10 12:17:00

Hitachi to Plead Guilty to Fixing Prices for LCD Panels Sold to Dell Inc. WASHINGTON, March 10 /PRNewswire-USNewswire/ -- Japanese electronics manufacturer Hitachi Displays Ltd., agreed to plead guilty and pay a $31 million fine for its role in a conspiracy to fix prices in the sale of Thin Film Transistor-Liquid Crystal Display panels (TFT-LCD) sold to Dell Inc., the U.S. Department of Justice announced today. A one-count felony charge filed today in U.S. District Court in San...

2009-02-03 19:06:00

Two Executives from Taiwan and One Korean Executive Charged in Global Price-Fixing Scheme WASHINGTON, Feb. 3 /PRNewswire-USNewswire/ -- A federal grand jury in San Francisco returned an indictment against two former executives from Chunghwa Picture Tubes Ltd. (Chunghwa) and one former executive from LG Display Co. Ltd. (LG) for their participation in a global conspiracy to fix prices of Thin Film Transistor-Liquid Crystal Display (TFT-LCD) panels, the U.S. Department of Justice announced...

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2009-01-26 15:15:00

In results that missed even the most pessimistic of expectations, Philips Electronics announced on Monday that it would shed 6,000 jobs after posting a $1.9 billion fourth quarter loss, its first quarterly loss since 2003. The loss included 1.3 billion euros ($1.7 billion) in write-downs, primarily for the company's position in NXP Semiconductors and LG Display and its acquisition of Lumileds acquisition.  The results bring Philips' full-year net loss to 186 million euros ($245...

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2009-01-19 07:29:39

The LCD market has bottomed out and TV panel prices are anticipated to recuperate due to requests for small-sized flat screen TVs, the head of LG Display Co Ltd announced. Chief executive Kwon Young-soo added that mobile display is the focal point of the world's second-largest LCD maker, which primarily produces TVs, computer monitors and notebook panels. The South Korea-based company LG Display announced on Friday its dire quarterly loss, targeted by $400 million U.S. price-fixing fines and...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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