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LG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy

by Darren Murph posted Jan 20th 2009 at 5:05AM


LG and Chunghwa Picture Tubes already confessed to being involved in a scandalous LCD price fixing conspiracy, and now the US Department of Justice is laying down the hammer on four of the dirty-handed executives. Chang Suk Chung (LG), Chieng-Hon "Frank" Lin (Chunghwa), Chih-Chun "C.C." Liu (Chunghwa) and Hsueh-Lung "Brian" Lee (Chunghwa) have all entered plea agreements which will see them serving a "term of imprisonment" as well as paying a criminal fine and assisting the US government in its ongoing TFT-LCD investigation. 'Course, those pleas must all be approved by the court, but it's pretty safe to say these fellows will be spending a least a moment or two behind steel bars. Fun, fun.

[Via DigitalTrends]

Filed under: Industry, Misc, Displays, LG, Others

Tags: Chunghwa, Chunghwa Picture Tubes, ChunghwaPictureTubes, Conspiracy, jail, law, legal, LG, LG Display, LgDisplay, price fixing, PriceFixing, pricing, prison





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