Chunghwa to seek US$1b from LG Philips


  • Business
  • Saturday, 05 Jun 2004

TAIPEI: Chunghwa Picture Tubes Ltd said it is ready to ask South Korea-based LG Philips LCD Co Ltd for an estimated sum of more than US$1bil in compensation for infringement of its intellectual property and violation of US anti-trust law. 

The company was ready to file anti-trust lawsuits against LG Philips LCD shortly at a California district court in the United States, it said in a statement. 

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