Sharp, Samsung, Chimei Innolux and five other makers of liquid crystal display panels agreed to pay $388 million to settle price-fixing claims. Sharp paid $105 million; Samsung paid $82.7 million; Chimei Innolux paid $78 million; LG Display agreed to pay $75 million; and Hitachi will pay $28 million, according to filings yesterday in San Francisco federal court.
<
The companies allegedly fixed prices of the panels, driving up prices for purchasers who bought the displays or goods containing them from 1999 to 2006, according to a class action, or group lawsuit, filed in 2007.