Some LCD makers are fined by China over the price fixing deal after the New Year’s Day holiday, which prompts public concern. According to China's National Development and Reform Commission (NDRC), six firms, which include Samsung, LG,Chimei Innolux and HannStar Display etc. , are fined RMB353 million for price monopoly acts on displays
While some industry insiders say, what behind the unexpected anti-monopoly move is actually a game for market dominance amongst LCD makers in facing up to challenge from their Japanese rivals. Nevertheless, EU and USA etc. take an attitude of acquiescence toward price fixing operated by Korean and Taiwanese manufacturers.
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