AUO Exec Bragged About Raising LCD Prices, Jury Hears
By Beth Winegarner
Law360, San Francisco (October 3, 2013, 6:33 PM ET) -- AU Optronics Corp. executive Richard Bai bragged to his higher-ups about raising liquid-crystal display panel prices – prices which matched the ones rival LCD makers agreed on in secret Taiwanese meetings, a Federal Bureau of Investigations agent testified Thursday in the federal antitrust trial against Bai in California.
Bai, who headed the AUO division that sold LCD panels to major customers in the U.S. such as Apple Inc., Dell Inc. and Hewlett-Packard Co., sent monthly emails to AUO Vice President Hui “Kuma” Hsiung. In his tally of that...