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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Former Apple employee admits he sold confidential info, cost the company in excess of $2 million]]></title><link>http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/</link><guid isPermaLink="true">http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/</guid><comments>http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/#comments</comments><description><![CDATA[<div style="text-align: center;"><a href="http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/"><img vspace="4" hspace="4" border="0" alt="" src="http://www.blogcdn.com/www.engadget.com/media/2011/03/8-14-10-money-from-computer-600-1281820215.jpg" /></a></div>
Paul Devine, the man who last August collected a pretty lengthy list of charges against his name from the FBI and IRS -- which collectively amounted to an accusation of "<a href="http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/">screwing Apple</a>" -- has now admitted his guilt. Specifically, Devine has fessed up to wire fraud, conspiracy and money laundering, in which he engaged while exchanging confidential information about upcoming Apple products for cold hard cash from interested parts suppliers. He's now having to forfeit $2.28 million in money and property that resulted from his nefarious exploits, with sentencing scheduled for June 6th. Devine's lawyer is quoted as saying he's a "good man who made a mistake, and now he's trying to make amends." Indeed, the mistake of getting caught and the amends of trying not to go to prison. Jump past the break for a full statement on the matter from the US Department of Justice.<p><a href="http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/" rel="bookmark">Continue reading <em>Former Apple employee admits he sold confidential info, cost the company in excess of $2 million</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/">Former Apple employee admits he sold confidential info, cost the company in excess of $2 million</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Tue, 01 Mar 2011 04:11:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/19862784/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2011/03/01/former-apple-employee-admits-he-sold-confidential-info-cost-the/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>apple</category><category>confidential</category><category>confidentiality</category><category>conspiracy</category><category>criminal</category><category>department of justice</category><category>DepartmentOfJustice</category><category>employee</category><category>fraud</category><category>guilt</category><category>guilty</category><category>illegal</category><category>justice</category><category>kickback</category><category>kickbacks</category><category>law</category><category>leak</category><category>leaker</category><category>legal</category><category>legality</category><category>manager</category><category>money laundering</category><category>MoneyLaundering</category><category>paul devine</category><category>PaulDevine</category><category>supply manager</category><category>SupplyManager</category><category>worker</category><dc:creator><![CDATA[Vlad Savov]]></dc:creator><pubDate>Tue, 01 Mar 2011 04:11:00 EST</pubDate></item><item><title><![CDATA[Entelligence: Conspiracy theory, part one]]></title><link>http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/</link><guid isPermaLink="true">http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/</guid><comments>http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/#comments</comments><description><![CDATA[<div style="text-align: left;"><a href="http://www.engadget.com/tag/Entelligence/"><em><strong>Entelligence</strong></em></a><span style="font-style: italic;"> is a column by technology strategist and author Michael Gartenberg, a man whose desire for a delicious cup of coffee and a quality New York bagel is dwarfed only by his passion for tech. In these articles, he'll explore where our industry is and where it's going -- on both micro and macro levels -- with the unique wit and insight only he can provide.</span><a href="http://www.engadget.com/tag/Entelligence/"><br />
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<div style="text-align: center;"><em><strong><a href="http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/"><img hspace="4" border="1" vspace="4" src="http://www.blogcdn.com/www.engadget.com/media/2010/08/loneportada.jpg" alt="" /></a><br />
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We've all heard the great conspiracy theories of our time. President Kennedy was killed by more than one gunman. The moon landing was hoax, a drama secretly recorded on a stage set somewhere in Atlanta or Texas. More recently, the attacks on the World Trade Center were really perpetrated by the US, not Islamic terrorists. There are far more, I assure you. What's funny is that in the last few years, our industry has spun off a number of conspiracy theories worthy of being made into a movie. Apple, Microsoft, RIM, HP, Palm -- you name it, and there's a story being told. Of course, with most of these stories it's never direct from the source. It's people, who know of people, who knew someone, who heard from a friend that... something happened. As with all good tales, there's always someone who will believe. <br />
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Oliver Stone, are you listening? Here are my five favorite tech conspiracies.<p><a href="http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/" rel="bookmark">Continue reading <em>Entelligence: Conspiracy theory, part one</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/">Entelligence: Conspiracy theory, part one</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Sat, 14 Aug 2010 20:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/19585539/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2010/08/14/entelligence-conspiracy-theory-part-one/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>column</category><category>conspiracy</category><category>conspiracy theories</category><category>conspiracy theory</category><category>ConspiracyTheories</category><category>ConspiracyTheory</category><category>entelligence</category><dc:creator><![CDATA[Michael Gartenberg]]></dc:creator><pubDate>Sat, 14 Aug 2010 20:00:00 EST</pubDate></item><item><title><![CDATA[Apple supply manager arrested for wire fraud, money laundering]]></title><link>http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/</link><guid isPermaLink="true">http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/</guid><comments>http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/#comments</comments><description><![CDATA[<div style="text-align: center;"><a href="http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/"><img vspace="4" hspace="4" border="0" src="http://www.blogcdn.com/www.engadget.com/media/2010/08/8-14-10-money-from-computer-600-1281820215.jpg" alt="" /></a></div>
<div style="text-align: left;">Ever wonder why -- after years of secrecy -- <a href="http://www.engadget.com/2009/09/04/hama-cases-foreshadow-5g-ipod-nano-3g-ipod-touch-at-ifa-hands/">camera-ready</a> <a href="http://www.engadget.com/2009/07/06/evidence-mounts-for-ipods-with-cameras/">iPod</a> <a href="http://www.engadget.com/2009/09/08/3rd-generation-ipod-touch-accessories-appear-on-best-buys-web/">cases</a> began rolling out? The answer could possibly be Apple supply manager Paul Shin Devine, who was just fingered by the FBI and IRS as a fraudulent, money laundering mole. Devine was arrested Friday for allegedly receiving kickbacks from six accessory suppliers in exchange for confidential information, which apparently gave them an edge in negotiating Apple contracts. "The alleged scheme used an elaborate chain of U.S. and foreign bank accounts and one front company to receive payments," reports the <em>San Jose Mercury News</em>, "and code words like 'sample' were used to refer to the payments so that Apple co-workers wouldn't become suspicious." Though we're not yet sure what specific confidential information might have been passed along and we doubt the indictment will say, a separate civil suit filed by Apple claims Devine accepted over $1 million in "payments, kickbacks and bribes" over the course of several years.</div><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/">Apple supply manager arrested for wire fraud, money laundering</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Sat, 14 Aug 2010 11:33:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/19593730/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2010/08/14/apple-supply-manager-arrested-for-wire-fraud-money-laundering/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>accessories</category><category>Apple</category><category>bribe</category><category>bribery</category><category>bribes</category><category>conspiracy</category><category>crime</category><category>fbi</category><category>fraud</category><category>irs</category><category>law</category><category>legal</category><category>money laundering</category><category>MoneyLaundering</category><category>Paul Devine</category><category>paul shin devine</category><category>PaulDevine</category><category>PaulShinDevine</category><category>wire fraud</category><category>WireFraud</category><dc:creator><![CDATA[Sean Hollister]]></dc:creator><pubDate>Sat, 14 Aug 2010 11:33:00 EST</pubDate></item><item><title><![CDATA[DRAM cartel settles with European Commission, will pay €331 million fine]]></title><link>http://www.engadget.com/2010/05/20/dram-cartel-settles-with-european-commission-will-pay-331-mill/</link><guid isPermaLink="true">http://www.engadget.com/2010/05/20/dram-cartel-settles-with-european-commission-will-pay-331-mill/</guid><comments>http://www.engadget.com/2010/05/20/dram-cartel-settles-with-european-commission-will-pay-331-mill/#comments</comments><description><![CDATA[<div style="text-align: center;"><a href="http://www.engadget.com/2010/05/20/dram-cartel-settles-with-european-commission-will-pay-331-mill/"><img hspace="4" border="0" vspace="4" alt="" src="http://www.blogcdn.com/www.engadget.com/media/2010/05/5-19-10samsungddr.jpg" /></a></div>
When the U.S. Department of Justice brought an antitrust suit against PC memory manufacturers in 2002, the RAM you see above wasn't even a twinkle in an engineer's eye... but seven years after Micron revealed the existence of a price fixing cartel and four years after Samsung <a href="http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/">sent three executives to jail</a> and paid a <a href="http://www.engadget.com/2005/10/13/samsung-fined-300-million-for-fixing-memory-prices/">$300 million penalty</a>, the European Commission has slapped DRAM manufacturers with yet another fine. Those who 'fessed up early were partially let off the hook, but Infineon and Hynix will shoulder &euro;57 million and &euro;51 million respectively, while Samsung owes Europe a cool &euro;145 million for its role in the scandal. Of course, for a company that counts <a href="http://www.engadget.com/2009/04/24/samsung-is-still-making-money-but-a-whole-lot-less-than-last-ye/">a quarterly $459 million in profit</a> during an <em>off </em>year, we're talking about another slap on the wrist.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2010/05/20/dram-cartel-settles-with-european-commission-will-pay-331-mill/">DRAM cartel settles with European Commission, will pay €331 million fine</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Thu, 20 May 2010 02:57:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.engadget.com/2010/05/20/dram-cartel-settles-with-european-commission-will-pay-331-mill/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/19484241/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2010/05/20/dram-cartel-settles-with-european-commission-will-pay-331-mill/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>cartel</category><category>collusion</category><category>conspiracy</category><category>criminal</category><category>European Commission</category><category>EuropeanCommission</category><category>legal</category><category>price fixing</category><category>PriceFixing</category><category>Samsung</category><category>settlement</category><dc:creator><![CDATA[Sean Hollister]]></dc:creator><pubDate>Thu, 20 May 2010 02:57:00 EST</pubDate></item><item><title><![CDATA[Dell joins dog pile, sues five LCD makers over price-fixing allegations]]></title><link>http://www.engadget.com/2010/03/15/dell-joins-dog-pile-sues-five-lcd-makers-over-price-fixing-alle/</link><guid isPermaLink="true">http://www.engadget.com/2010/03/15/dell-joins-dog-pile-sues-five-lcd-makers-over-price-fixing-alle/</guid><comments>http://www.engadget.com/2010/03/15/dell-joins-dog-pile-sues-five-lcd-makers-over-price-fixing-alle/#comments</comments><description><![CDATA[<a href="http://online.wsj.com/article/SB10001424052748703909804575124320030184984.html"><img hspace="4" border="0" align="left" vspace="16" alt="" src="http://www.blogcdn.com/www.engadget.com/media/2010/03/first-wives-lcd.jpg" /></a>
Looks like Dell is getting itself a membership in a club of which <a href="http://mobile.engadget.com/2009/10/21/atandt-sues-lg-samsung-others-alleging-lcd-price-fixing-conspir/">AT&amp;T</a>, <a href="http://www.engadget.com/2009/12/01/nokia-sues-lcd-manufacturers-for-alleged-price-fixing/">Nokia</a>, and the <a href="http://www.engadget.com/2009/02/04/three-more-executives-indicted-in-lcd-price-fixing-scheme/">US Department of Justice</a> are none too pleased to say they're members. The company has filed suit in a San Francisco court today against four Japanese LCD makers - Sharp, Hitachi, Toshiba, and Seiko Epson - and Taiwan-based HannStar. The crime at hand? None other than the much-chronicled LCD price fixing cartel. At least two of the aforementioned companies (<a href="http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/">Sharp</a> and <a href="http://www.engadget.com/2009/03/10/hitachi-also-admits-to-lcd-price-fixing-will-pay-31m-fine/">Hitachi</a>) have already come forth to admit involvement and pay fines elsewhere, and now it looks like the troubles are still coming for them and others. If only there was <em>some</em> way the companies could band together to increase profits and help pay for these suits... oh, wait.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2010/03/15/dell-joins-dog-pile-sues-five-lcd-makers-over-price-fixing-alle/">Dell joins dog pile, sues five LCD makers over price-fixing allegations</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Mon, 15 Mar 2010 23:05:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.engadget.com/2010/03/15/dell-joins-dog-pile-sues-five-lcd-makers-over-price-fixing-alle/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/19400680/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2010/03/15/dell-joins-dog-pile-sues-five-lcd-makers-over-price-fixing-alle/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>cartel</category><category>conspiracy</category><category>dell</category><category>hannstar</category><category>hitachi</category><category>law suit</category><category>LawSuit</category><category>lcd</category><category>legal</category><category>price fixing</category><category>price-fixing</category><category>PriceFixing</category><category>seko epson</category><category>SekoEpson</category><category>sharp</category><category>suit</category><category>toshiba</category><dc:creator><![CDATA[Ross Miller]]></dc:creator><pubDate>Mon, 15 Mar 2010 23:05:00 EST</pubDate></item><item><title><![CDATA[Sony's secret kill switch: myth, rumor or hearsay?]]></title><link>http://www.engadget.com/2010/01/22/sonys-secret-kill-switch-myth-rumor-or-hearsay/</link><guid isPermaLink="true">http://www.engadget.com/2010/01/22/sonys-secret-kill-switch-myth-rumor-or-hearsay/</guid><comments>http://www.engadget.com/2010/01/22/sonys-secret-kill-switch-myth-rumor-or-hearsay/#comments</comments><description><![CDATA[<div style="text-align: center;"><a href="http://www.telegraph.co.uk/technology/news/7054587/The-myth-of-the-Sony-kill-switch.html"><img hspace="4" vspace="4" border="0" alt="" src="http://www.blogcdn.com/www.engadget.com/media/2010/01/sony-killswitch-01-22-2010.jpg" /></a></div>
<div style="text-align: left;">Could there be something lurking deep inside your Sony laptop or TV programmed to break the device as soon as the warranty expires? That may sound like a crazy conspiracy theory not far off those involving the mysterious deaths of engineers, but it's a theory that continues to persist to some degree in Japan, and even seems to have grown in recent years. As <em>Telegraph.co.uk</em> reports, the belief in a secret timer or "kill switch" has been around for the past twenty years or so, but it apparently took on some newfound momentum amid the rash of Sony <a href="http://www.engadget.com/tag/sony,batteries">laptop battery failures</a>, which even prompted some Sony execs to publicly deny that such a switch exists. The kill switch apparently isn't completely pervasive though, as the PlayStation 3 is supposedly "exempt," thereby explaining its considerable success in Japan -- although there's some talk that's because it's a Trojan horse for Sony's next big scheme: mind control disguised as <a href="http://www.engadget.com/2009/12/17/blu-ray-3d-specifications-finalized-your-ps3-is-ready/">3D glasses</a>.</div>
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<div style="text-align: left;"> </div><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2010/01/22/sonys-secret-kill-switch-myth-rumor-or-hearsay/">Sony's secret kill switch: myth, rumor or hearsay?</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Fri, 22 Jan 2010 15:53:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.engadget.com/2010/01/22/sonys-secret-kill-switch-myth-rumor-or-hearsay/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/19328161/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2010/01/22/sonys-secret-kill-switch-myth-rumor-or-hearsay/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>conspiracy</category><category>conspiracy theory</category><category>ConspiracyTheory</category><category>he then died</category><category>HeThenDied</category><category>kill switch</category><category>KillSwitch</category><category>mystery</category><category>rumor</category><category>sony</category><category>timer</category><category>vaio</category><dc:creator><![CDATA[Donald Melanson]]></dc:creator><pubDate>Fri, 22 Jan 2010 15:53:00 EST</pubDate></item><item><title><![CDATA[LCD price fixing investigation reaches $860 million in total fines, Chi Mei latest to 'fess up]]></title><link>http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/</link><guid isPermaLink="true">http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/</guid><comments>http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/#comments</comments><description><![CDATA[<a href="http://www.justice.gov/atr/public/press_releases/2009/252936.htm"><img hspace="4" border="0" align="left" vspace="4" src="http://www.blogcdn.com/www.engadget.com/media/2009/12/14dec9iyv234ra.jpg" alt="" /></a>It's not every day we get to cite an official US Department of Justice news release, so it's with a certain glee that we can announce the US taxpayer was last week enriched by another $220 million courtesy of the not-so-fine folks who swindled him out of that money in the first place. Joining the ignominious ranks of <a href="http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/">LG, Sharp</a>, <a href="http://www.engadget.com/2009/03/10/hitachi-also-admits-to-lcd-price-fixing-will-pay-31m-fine/">Hitachi</a> and <a href="http://www.engadget.com/2009/02/04/three-more-executives-indicted-in-lcd-price-fixing-scheme/">Chungwa Picture Tube</a>, Taiwanese manufacturer Chi Mei is refunding the US state for the pecuniary impact of its collusive practices, which were primarily related to keeping prices artificially high and profits proportionately inflated. US companies directly affected by these ignoble activities include HP, Dell and Apple, but don't you worry, <a href="http://mobile.engadget.com/2009/10/21/atandt-sues-lg-samsung-others-alleging-lcd-price-fixing-conspir/">AT&amp;T has already started</a> the inter-corporation scuffle, with <a href="http://www.engadget.com/2009/12/01/nokia-sues-lcd-manufacturers-for-alleged-price-fixing/">Nokia piling on</a> for good measure. Man, it almost seems like crime doesn't pay.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/">LCD price fixing investigation reaches $860 million in total fines, Chi Mei latest to 'fess up</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Mon, 14 Dec 2009 09:03:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/19277574/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>apple</category><category>att</category><category>cartel</category><category>chi mei</category><category>ChiMei</category><category>collusion</category><category>conspiracy</category><category>criminal</category><category>dell</category><category>hitachi</category><category>hp</category><category>illegal</category><category>law</category><category>lcd</category><category>lcd price fixing</category><category>LcdPriceFixing</category><category>nokia</category><category>price fixing</category><category>PriceFixing</category><category>tft</category><dc:creator><![CDATA[Vlad Savov]]></dc:creator><pubDate>Mon, 14 Dec 2009 09:03:00 EST</pubDate></item><item><title><![CDATA[LG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy]]></title><link>http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/</link><guid isPermaLink="true">http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/</guid><comments>http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/#comments</comments><description><![CDATA[<div align="center"><a href="http://justice.gov/opa/pr/2009/January/09-at-046.html"><img vspace="4" hspace="4" border="1" src="http://www.blogcdn.com/www.engadgethd.com/media/2009/01/1-20-09-lg-display.jpg" alt="" /></a><br /></div>
LG and Chunghwa Picture Tubes already <a href="http://www.engadgethd.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/">confessed</a> to being involved in a scandalous LCD price fixing conspiracy, and now the US Department of Justice is laying down the hammer on four of the dirty-handed executives. Chang Suk Chung (LG), Chieng-Hon "Frank" Lin (Chunghwa), Chih-Chun "C.C." Liu (Chunghwa) and Hsueh-Lung "Brian" Lee (Chunghwa) have all entered plea agreements which will see them serving a "term of imprisonment" as well as paying a criminal fine and assisting the US government in its ongoing TFT-LCD investigation. 'Course, those pleas must all be approved by the court, but it's pretty safe to say these fellows will be spending a least a moment or two behind steel bars. Fun, fun.<br /><br />[Via <a href="http://news.digitaltrends.com/news-article/18988/execs-get-jail-time-for-lcd-price-fixing">DigitalTrends</a>]<p>Filed under: <a href="http://www.engadget.com/category/displays/" rel="tag">Displays</a>, <a href="http://www.engadget.com/category/hdtv/" rel="tag">HDTV</a>, <a href="http://www.engadget.com/category/homeentertainment/" rel="tag">Home Entertainment</a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/">LG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Tue, 20 Jan 2009 05:05:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://justice.gov/opa/pr/2009/January/09-at-046.html>Read</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/1434323/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Chunghwa</category><category>Chunghwa Picture Tubes</category><category>ChunghwaPictureTubes</category><category>Conspiracy</category><category>hdtv</category><category>jail</category><category>law</category><category>legal</category><category>LG</category><category>LG Display</category><category>LgDisplay</category><category>price fixing</category><category>PriceFixing</category><category>pricing</category><category>prison</category><dc:creator><![CDATA[Darren Murph]]></dc:creator><pubDate>Tue, 20 Jan 2009 05:05:00 EST</pubDate></item><item><title><![CDATA[LG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy]]></title><link>http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/</link><guid isPermaLink="true">http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/</guid><comments>http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/#comments</comments><description><![CDATA[<div align="center"><a href="http://justice.gov/opa/pr/2009/January/09-at-046.html"><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.engadget.com/media/2009/01/1-20-09-lg-display.jpg" /></a><br /></div>
LG and Chunghwa Picture Tubes already <a href="http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/">confessed</a> to being involved in a scandalous LCD price fixing conspiracy, and now the US Department of Justice is laying down the hammer on four of the dirty-handed executives. Chang Suk Chung (LG), Chieng-Hon "Frank" Lin (Chunghwa), Chih-Chun "C.C." Liu (Chunghwa) and Hsueh-Lung "Brian" Lee (Chunghwa) have all entered plea agreements which will see them serving a "term of imprisonment" as well as paying a criminal fine and assisting the US government in its ongoing TFT-LCD investigation. 'Course, those pleas must all be approved by the court, but it's pretty safe to say these fellows will be spending a least a moment or two behind steel bars. Fun, fun.<br /><br />[Via <a href="http://news.digitaltrends.com/news-article/18988/execs-get-jail-time-for-lcd-price-fixing">DigitalTrends</a>]<p>Filed under: <a href="http://www.engadget.com/category/industry/" rel="tag">Industry</a>, <a href="http://www.engadget.com/category/misc/" rel="tag">Misc</a>, <a href="http://www.engadget.com/category/displays/" rel="tag">Displays</a>, <a href="http://www.engadget.com/category/lg/" rel="tag">LG</a>, <a href="http://www.engadget.com/category/others/" rel="tag">Others</a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/">LG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Tue, 20 Jan 2009 05:05:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://justice.gov/opa/pr/2009/January/09-at-046.html>Read</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/1434311/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2009/01/20/lg-chunghwa-picture-tubes-execs-to-serve-jail-time-for-lcd-pric/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Chunghwa</category><category>Chunghwa Picture Tubes</category><category>ChunghwaPictureTubes</category><category>Conspiracy</category><category>hd</category><category>jail</category><category>law</category><category>legal</category><category>LG</category><category>LG Display</category><category>LgDisplay</category><category>others</category><category>price fixing</category><category>PriceFixing</category><category>pricing</category><category>prison</category><dc:creator><![CDATA[Darren Murph]]></dc:creator><pubDate>Tue, 20 Jan 2009 05:05:00 EST</pubDate></item><item><title><![CDATA[Samsung coughs up $90 million more for DRAM price-fixing]]></title><link>http://www.engadget.com/2007/02/07/samsung-coughs-up-90-million-more-for-dram-price-fixing/</link><guid isPermaLink="true">http://www.engadget.com/2007/02/07/samsung-coughs-up-90-million-more-for-dram-price-fixing/</guid><comments>http://www.engadget.com/2007/02/07/samsung-coughs-up-90-million-more-for-dram-price-fixing/#comments</comments><description><![CDATA[<a href="http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=197003825"><img vspace="16" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.engadget.com/media/2007/02/2-7-07-samsung.jpg"  alt="" /></a>If you (or <a href="http://www.engadget.com/tag/samsung/">Samsung</a>) thought this whole "<a href="http://www.engadget.com/2005/11/30/samsung-to-plead-guilty-in-price-fixing-from-99-02/">DRAM price-fixing disaster</a>" was finished, apparently that's just not the case anymore, as it looks like the semiconductor giant will be coughing up an additional $90 million "to settle litigation brought by 41 US states pertaining to Samsung's alleged participation in a global DRAM price-fixing conspiracy." Yes, the company has already been hit with a <a href="http://www.engadget.com/2005/10/13/samsung-fined-300-million-for-fixing-memory-prices/">$300 million fine</a> and watched a trio of its own execs <a href="http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/">hit the big house</a>, but this $90 million is supposed to "benefit victims that paid artificially high prices for personal computers and other high-tech equipment that contained the chips." Additionally, it was stated that $10 million was reserved for the states and localities to "recover their losses," while the other chunk would be split amongst the throngs of "consumers and other victims." No other details about the payout were mentioned, and while it wasn't stated for certain, we can <em>assume</em> that this final penalty will indeed be the last, but all this grief that Samsung has received most likely has all those other <a href="http://www.engadget.com/search/?q=price-fixing">potential price fixers</a> squirming.<p>Filed under: <a href="http://www.engadget.com/category/storage/" rel="tag">Storage</a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.engadget.com/2007/02/07/samsung-coughs-up-90-million-more-for-dram-price-fixing/">Samsung coughs up $90 million more for DRAM price-fixing</a> originally appeared on <a href="http://www.engadget.com">Engadget</a> on Wed, 07 Feb 2007 08:41:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=197003825>Read</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2007/02/07/samsung-coughs-up-90-million-more-for-dram-price-fixing/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/forward/749665/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.engadget.com/2007/02/07/samsung-coughs-up-90-million-more-for-dram-price-fixing/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>conspiracy</category><category>crime</category><category>criminal</category><category>dram</category><category>lawsuit</category><category>price fixing</category><category>PriceFixing</category><category>samsung</category><category>settle</category><category>settlement</category><category>southkorea</category><category>sram</category><category>sue</category><category>suit</category><dc:creator><![CDATA[Darren Murph]]></dc:creator><pubDate>Wed, 07 Feb 2007 08:41:00 EST</pubDate></item></channel></rss>
