Hewlett-Packard Dismisses Chunghwa LCD Price-Fixing Suit

Hewlett-Packard Co. ended a lawsuit in which it accused Chunghwa Picture Tubes Ltd. and Tatung Co. 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., 12-06085, U.S. District Court, Northern District of California (San Francisco.)

Before it's here, it's on the Bloomberg Terminal.