10 panel makers in Asia such as Samsung and LG were fined for manipulating market prices
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Among them, the highest penalty is Samsung's global panel leader and its overseas subsidiaries, with a fine of 97.2 billion won, and LG Display and its overseas subsidiaries were fined 65.5 billion won, ranking second.
The Korea Fair Trade Commission pointed out that companies such as Chi Mei, AU Optronics, South Korea’s Samsung Electronics and LG Display have secretly held bilateral or multilateral meetings every two months between 2001 and 2006 to discuss how to avoid the price collapse of panels due to oversupply. Countermeasures. 