LG Display Co., Ltd.
Approved Evidence
Added to Rotten Company: 9/17/2026
Conduct/Event period: September 2001–June 2006
Ongoing: No
Resolution status: Resolved
Resolution date: December 15, 2008
LG Display agreed to $400 million U.S. criminal fine in LCD price-fixing case
Summary
The U.S. Justice Department said LG Display Co. Ltd. and its U.S. subsidiary agreed to plead guilty; LG Display was to pay a $400 million criminal fine for fixing TFT-LCD panel prices from September 2001 to June 2006. The company then operated as LG.Philips LCD. The announcement reports an agreement to plead guilty, rather than a conviction date. Direct DOJ source: https://www.justice.gov/archive/opa/pr/2008/November/08-at-1002.html Subsequent DOJ account confirms LG Display pleaded guilty and was sentenced on December 15, 2008: https://www.justice.gov/archives/opa/pr/three-foreign-executives-indicted-their-roles-lcd-price-fixing-conspiracy
Evidence Weight
97.11
Severity: high
Recency Weight: 97.10538179905505
File Weight: 1