Shares in AU Optronics Corp (友達光電) and Chimei Innolux Corp (奇美電子) tumbled in Taipei trading yesterday after Best Buy Co sued flat-panel makers over antitrust claims.
AU Optronics, Taiwan’s second-largest flat-panel maker, fell 1.3 percent to NT$30.30 at the 1:30pm close in Taipei, the lowest since Sept. 9. Chimei Innolux, Taiwan’s biggest flat-panel maker, dropped 2.4 percent to NT$40.05, the lowest since Sept. 24.
From 1996 to 2006, the makers of displays used in computers, televisions and mobile phones agreed on prices and production volumes, according to the complaint filed on Friday in federal court in San Francisco.
Yawen Hsiao (蕭雅文), a spokeswoman at Hsinchu-based AU Optronics, and Eddie Chen (陳彥松), a spokesman for Miaoli-based -Chimei Innolux, declined to comment yesterday.
Other manufacturers named in the suit include Nagano, Japan-based Seiko Epson Corp, Tokyo-based Hitachi Ltd, Seoul- based LG Display Co and Chi Mei Optoelectronics Corp.
Chimei Innolux was formed when Chi Mei Optoelectronics, Innolux Display Corp (群創光電) and TPO Displays Corp (統寶光電) merged in March.
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