Taiwanese Exec Guilty Of LCD Screen Price Fixing
SAN FRANCISCO (AP) — A federal jury in San Francisco has convicted a former executive at a Taiwanese company of participating in a global LCD screen price-fixing conspiracy.
The U.S. Department of Justice says Shiu Lung Leung could face up to 10 years in prison and a $1 million fine for his role in illegally fixing computer screen prices in the U.S.
Leung was a senior manager for AU Optronics Corp.
His company, its American subsidiary and two colleagues were convicted of price fixing in March but the charges against Leung resulted in a mistrial.
Leung was retried, and the jury Tuesday found him guilty of participating in the scheme from 2002 to 2006.
Eight manufacturers and 13 of their executives previously pleaded guilty or have been convicted.