Nokia Sues Samsung Over LCD Price Fixing

News
By Jane McEntegart
published

The world's biggest mobile phone company is suing the world's biggest LCD company.

Bloomberg today reports that Nokia is suing Samsung and other flat panel makers, alledging they colluded to fix prices of LCDs. In a lawsuit filed November 25 in federal court in San Francisco, Nokia claimed that Samsung and at least six other display makers unlawfully conspired to raise the price of displays above a competitive market level. Nokia is seeking unspecified damages and an injunctive relief.

Other manufacturers named in the suit include LG, Sharp, Hitachi, and Chunghwa Picture Tubes.

Read the full story here.

Follow us on Twitter for more tech news, reviews, and exclusive updates!

Jane McEntegart
See more Monitors News
22 Comments Comment from the forums
  • shamgar
    looks like we will all have to use those other manufacturers to play our crysis on now.
    Reply
  • shamgar
    looks like we will all have to use those other manufacturers to play our crysis on now.
    Reply
  • shamgar
    looks like we will all have to use those other manufacturers to play our crysis on now.
    Reply
  • beatcoaster
    LCD is garbage anyway - start using OLED in your phones and quit complaining Nokia!
    Reply
  • yang
    i'm not surprised, the markup for samsung monitors are ridiculous.
    Reply
  • rooket
    I like this shamgar guy

    looks like we will all have to use those other manufacturers to play our crysis on now.
    Reply
  • ALANMAN
    Never heard of 'Chunghwa' Picture Tubes.

    And what's with the stupid repeat comments?
    Reply
  • Manos
    I find it funny how you can run off to sue someone over the prices they CHOOSE to sell somethign or not.. Nokia I tend to like your products ( ofc Samsung is always the top for LCD TVs in my book ) but now ill have to show you th e finger due to the fact im really negative to this privilage you think you got and react in that manner. Cause as much as you dont like higher prices you also like lower prices and Idont like knowing that prices are capable to climb down dramatically and make ppl lives easier when they go shopping cause you think you an choose the market's lvls and profits. Make your product, put the price. If you are worth it ill buy it.
    Reply
  • dark_lord69
    beatcoasterLCD is garbage anyway - start using OLED in your phones
    and quit complaining Nokia!OLED is not a resonable solution for a screen...
    I can't quiet remember why I think they only last a few years or something. If you did some reading you would understand why it's not ready to hit the big time.
    Reply
  • beatcoaster
    dark_lord69OLED is not a resonable solution for a screen...I can't quiet remember why I think they only last a few years or something. If you did some reading you would understand why it's not ready to hit the big time.
    Actually I have done more than my fair share of reading on them, and OLED tech is used in many devices already today(even a samsung phone for one!), especially on the small scale screens. Various laptops are starting to ramp up for OLED screens as well. As with all technology the issues related to brightness output vs age that you are probably referring to, are being worked out, with decent success. As an avenue for large scale screens and tv's, OLED isn't cost effective or deeply researched by many manufacturers as of yet, hence the reason Sony's 11", $2000 tv, is the biggest and only thing that has been released on the consumer market...but with that said, I'll take 1,000,000:1 CR from a screen that dims 10% in 5 years over any plasma, lcd, or led lcd out now, just not at 11" and $2000!
    Reply