Hitachi

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LCD makers hit with lawsuit for alleged price-fixing

The Illinois Attorney General’s office said it filed suit Tuesday in Cook County Circuit Court against 22 major companies for allegedly fixing the prices of liquid crystal display screens used in computers, televisions and cell phones.

The companies named in the lawsuit include Hitachi, Ltd., Epson Imaging Devices Corp., LG Display Co., Samsung Electronics Co., Ltd., Sharp Corp., and Toshiba Corp.

In addition to seeking to stop the alleged activity, the suit asks the court to award as damages the overcharges paid on purchases of the affected items. Get the full story »

Supplier glitch could halt U.S. Nissan production

Nissan Motor Co. said Tuesday that a delay in the supply of electronic control units from Hitachi Ltd. that is disrupting production in Japan could also affect its U.S. and Mexico factories.

Japan’s No.3 automaker said Monday it would halt part of its domestic production for three days starting Wednesday after Hitachi said delivery of engine control units was running behind schedule. Production would return to normal next week, it said. Get the full story »