LG.Philips LCD Issues Statement.SEOUL, South Korea -- LG.Philips LCD (NYSE NYSE
See: New York Stock Exchange :LPL)(KRX:034220), today made the following statement:
"Last Friday, as part of an investigation of possible anticompetitive conduct in the LCD industry, officials from the Korean Fair Trade Commission (KFTC KFTC Kentuckians for the Commonwealth ) visited the offices of LG.Philips LCD in Seoul, Korea. In addition, the Japanese Fair Trade Commission (JFTC JFTC Japan Fair Trade Commission
JFTC Jump for the Cause (skydiving, breast cancer)
JFTC Joint Forces Training Centre (Poland) ) issued a notice to our offices in Tokyo, Japan and the United States Department of Justice “Justice Department” redirects here. For other uses, see Department of Justice.
The United States Department of Justice (DOJ) is a Cabinet department in the United States government designed to enforce the law and defend the interests of the United States (DOJ) issued a subpoena to our offices in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. .
LG.Philips LCD takes this matter very seriously and will cooperate fully with regulatory authorities. While these investigations continue, LG.Philips LCD is committed to running its business as usual, supplying its global customer base with the highest quality products."
About LG.Philips LCD
LG.Philips LCD Co., Ltd (NYSE:LPL)(KRX:034220), is a leading manufacturer and supplier of thin-film transistor liquid crystal display liquid crystal display (LCD)
Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. (TFT-LCD TFT-LCD Thin Film Transistor - Liquid Crystal Display ) panels. The Company manufactures TFT-LCD panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, and various applications. LG.Philips LCD currently operates seven fabrication facilities and four back-end assembly facilities in Korea, China and Poland. In addition, LG.Philips LCD has sales and representative offices in ten countries and has approximately 21,000 employees globally. Please visit http://www.lgphilips-lcd.com for more information.
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