LG.Philips pounded by price-fixing probes
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Shares of South Korean LCD screen panel maker LG.Philips LCD Co. Ltd.   fell nearly 8 percent to a record low on Tuesday on news that three countries are investigating claims it fixed prices.
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The amount consumers are charged for making mobile calls while abroad is to be investigated by EU regulators.
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It may sound like carping coming from a big electronics company, but the price drops have surprised manufacturers and analysts alike.
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Shares in Asian liquid crystal display makers sank Tuesday after LG.Philips LCD, the industry&#39;s number two, reported a surprisingly large fall in profits and warned of a further slide in flat-screen prices.
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The amount consumers are charged for making mobile phone calls while abroad is to be investigated by EU regulators.
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Technology stocks led a tumble in  Asian shares Tuesday as a gloomy outlook from LG.Philips LCD  and record high oil prices fueled investor concerns about a  slowdown in corporate profits and global economic growth.
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Two couples have been charged in a price-switching scheme that allegedly defrauded Wal-Mart stores in 19 states of &#36;1.5 million over the last decade.
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Aims to fingerprint all video When Philips Research fell out of the audio fingerprinting business in 2005, it obviously left something of a scar, with the business sold for an unspecified amount, but since it was just as the buyer, audio database specialist Gracenote, had just raised $10.9m, that was taken to be the amount. But talking to Alex Terpstra, the CEO of Philips Content Identification at IBC this week, it seems like it plans to achieve a better outcome in the world of video fingerprinting.â¦
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The LG.Philips LCD Company, the world&#39;s second-largest maker of liquid-crystal display television sets, plans to spend a record 5.3 trillion
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SEOUL: South Korean microchip makers said they face a US investigation into a price-fixing conspiracy in which German maker Infineon technologies has already suffered heavy fines.
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THE DEPARTMENT of Justice said that four employees of Infineon have pleaded guilty to charges of price fixing DRAM. Three German citizens and one US citizen will each pay $250,000 in fines as well as serving between four to six months in jail.
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Net phone service and retailer push misleading products on consumers, Sipphone charges.
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Toshiba joins partner SanDisk in government probe over alleged price-fixing in memory industry.
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The world's number two LCD screen maker, LG Philips, sees profits slump as rising demand for flat screens is met with a production glut.
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A price-fixing scheme caused computer makers such as Apple and Dell to pay more for dynamic RAM than they would have in a competitive market, a lawsuit alleged, and the costs were then passed on to consumers.
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Philips Electronics said on Wednesday that it would take a $752 million charge in the fourth quarter to reduce the value of its stake in MedQuist, a medical transcription company.
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LG.Philips LCD, the world&#39;s second-largest liquid crystal display (LCD) maker, said Tuesday that it has developed the world&#39;s biggest active-matrix (AM) organic light emitting diode (OLED) display