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Nokia sues 11 LCD manufacturers over price-fixing

Wants back what it overpaid

1 December 2009 15:07 GMT / By Amy-Mae Elliott

Nokia is suing a range of manufacturers to get back what it overpaid for displays up to 2006, thanks to illegal price-fixing rackets in the LCD and CRT markets.

Samsung, LG, Sharp, Philips, Hitachi, Toshiba and others - some of which have been found guilty, and fined in the US, for fixing prices of LCD displays - are named in the lawsuit.

Nokia has not revealed at this stage how much it wants repaid, but considering the volume of Nokia's handset manufacturing, it's likely to be considerable.

The lawsuits have been filed in both the US and the UK, with the UK's suit also encompassing CRT displays.

This news follows Nokia suing Apple for alleged iPhone patent infringements, with the cases suggested by some as a way for Nokia to raise revenue.

Via: pcworld.com

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