DELL SUES 5 ASIAN SUPPLIERS !

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DELL SUES 5 ASIAN SUPPLIERS !

 user 2010-03-15 at 12:13:37 pm Views: 43
  • #23622
    http://www.statesman.com/blogs/content/shared-gen/blogs/austin/theticker/entries/2010/03/15/dell_sues_asian_suppliers.html?cxntfid=blogs_statesman_business_blog
    DELL SUES 5 ASIAN SUPPLIERS
    Dell sues Asian suppliers,Dell sues 5 Asia
    tech firms, alleging LCD cartel

    Dell Inc.
    confirmed Monday that it has sued five Japanese electronics suppliers
    for price-fixing on the liquid crystal display panels they sold to Dell
    for use in its computers.The companies named as defendants in the
    price-fixing suit, filed Friday in U.S. District Court in San Francisco,
    were Sharp Corp., Hitachi Ltd., Toshiba Corp. and Seiko Epson, all of
    Japan; and HannStar, of Taiwan.

    Dell does not claim specific
    damages in the lawsuit, said company spokesman David Frink, but it says
    it spend billions of dollars on LCD panels for use in laptop computers
    and in monitors for desktop computers since 1996. Dell is the world’s
    third largest maker of personal computers.“We are seeking to collect
    damages for LCDs sold to Dell at inflated prices,” Frink said. “We
    believe we will be successful in recovering damages.”Frink noted that
    the U.S. Justice Department has successfully sued several of the
    suppliers named in the Dell lawsuit for price fixing in the past two
    years, collecting $860 million in combined fines.