DOJ Announces Third Guilty Plea, Jail Time for Global LCD Price Fixing
The Justice Department announced on July 28, 2010 that a former executive from Chi Mei Optoelectronics Corporation (Chi Mei) has agreed to plead guilty and to serve jail time in the U.S. for participating in a global conspiracy to fix…
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the price of thin-film transistor-liquid crystal display (TFT-LCD) panels. Wen-Hung “Amigo” Huang is the third person to plead guilty in this conspiracy. Under his plea agreement, which is subject to court approval, Huang will serve 9 months in jail, pay a $25,000 criminal fine and assist the department in its ongoing TFT-LCD investigation. TFT-LCD panels are used in computer monitors and notebooks, televisions, mobile phones and other electronic devices.