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AU Optronics says to appeal U.S. price-fixing verdict
March 14, 2012 / 12:34 AM / 6 years ago

AU Optronics says to appeal U.S. price-fixing verdict

TAIPEI (Reuters) - AU Optronics Corp plans to appeal a guilty verdict by a U.S. court in a price-fixing case and any fine that results, the Taiwan-based electronics company said on Wednesday, adding it is confident of being ultimately vindicated during further proceedings.

The U.S. Justice Department said AU Optronics faces a maximum fine of $1 billion. The case covered a number of other panel makers, including South Korea’s LG Electronics Inc.

Reporting by Jonathan Standing; Editing by Muralikumar Anantharaman

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