Hewlett-Packard Dismisses Chunghwa LCD Price-Fixing Suit

Hewlett-Packard Co. (HPQ) ended a lawsuit in which it accused Chunghwa Picture Tubes Ltd. and Tatung Co. (2371) of America Inc. of fixing the prices of liquid-crystal display screens.

The three companies, in a filing yesterday in federal court in San Francisco, agreed to the dismissal of the case filed last year. The filing didn’t explain why Hewlett-Packard was dropping its claims against the Taiwanese companies.

Hewlett-Packard had alleged that it incurred more than $1 billion in damages from overcharges for the screens that it purchased through its Singapore unit and a Taiwan-based procurement service. Hewlett-Packard claimed that Chunghwa, Tatung and other LCD makers conspired to set prices and restrict output for panels from 1998 to 2006.

Michael Thacker, a spokesman for Palo Alto, California-based Hewlett-Packard, and David Brownstein, a lawyer representing Chunghwa and Tatung in the case, didn’t immediately respond to phone messages yesterday after regular business hours seeking comment on the filing.

The case is Hewlett-Packard Co. v. Chunghwa Picture Tubes Ltd. (2475), 12-06085, U.S. District Court, Northern District of California (San Francisco.)

To contact the reporters on this story: Edvard Pettersson in Los Angeles at epettersson@bloomberg.net; Karen Gullo in San Francisco at kgullo@bloomberg.net

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net

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