Nokia alleges price-fixing in LCD markets

Published by Ewan Spence at 9:06 UTC, December 1st 2009

Nokia have filed suit in San Francisco against a number of LCD manufacturers (including Samsung and LG) claiming they colluded to fix pricing on LCD panels (reports Bloomberg). In Nokia's words “the liquid crystal displays were incorporated into Nokia mobile wireless handsets... [and] artificially inflated the price of liquid crystal displays ultimately incorporated into LCD products purchased by Nokia, causing Nokia to pay higher prices.”

The claim is similar to one made by AT&T in the San Francisco courts and cites investigations by the US Justice Department into price fixing on display panels. We'll keep half an eye on this one, because there's a fine negotiating line for the Finnish company (and others!) to walk here to get the best deal while not terminally damaging their supply chain.

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