AU Optronics Executive Faces Retrial for LCD Price Fixing
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AU Optronics Corp. executive Steven Leung was a key part of a liquid-crystal display screen price-fixing conspiracy that has yielded a $500 million penalty against the company, prosecutors said as Leung’s retrial began.
Prosecutors told a jury in San Francisco federal court today that Leung, an executive at the Taiwanese company’s desktop-display unit, had pricing authority for computer monitor panels, was responsible for large accounts including Dell Inc., Apple Inc. and Hewlett-Packard Co. and was a key player in meetings held from 2001 to 2006 where prices were fixed.