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Japan launches trade probe of LCD makers
Written by Gizmo   
Wednesday, 13 December 2006 12:27

Read the full story at SiliconValley:

"Japan's trade watchdog is investigating Sharp, NEC, South Korea's LG.Philips LCD and other liquid crystal display manufacturers for allegedly agreeing to cut output to curb falls in panel prices, officials said Tuesday.

The Fair Trade Commission sent notices last week telling "several" LCD manufacturers selling products in Japan that they face probes over alleged anti-monopoly law violations, said commission spokesman Akinori Yamada without elaborating.

Sharp Corp., the country's top maker of LCD panels, said Tuesday it had received letters from trade watchdogs in both Japan and the U.S. asking for the company to cooperate with an investigation into liquid crystal display sales practices."

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