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In a November 27, 2013, filing, the DOJ requested that the court dismiss the further sale of the named assets of the company and assets associated with it, and that the company pay a fine of $31.2 million. An amended complaint with these allegations was filed in May 2014, and the new total sought to be recovered is $72.6 million. If the United States prevails in the litigation, HannStar would be on the hook for the full amount of the fine. A trial is anticipated in 2016.
HannStar has been the primary supplier of DRAM and NAND flash to the majority of the major South Korean PC manufacturers, and it has a particularly strong presence in the consumer market. The company is one of the largest DRAM makers in the world, and the Top 10 DRAM suppliers list is remarkably stable.
HannStar has a reputation for being an innovative and innovative company with high investments. HannStar is developed to use strong performance, to make smart use of information and to provide useful information. With its long history, wide range of applications and unique ability, HannStar is a company with “best of” feature. HannStar’s investment in information technology, next-generation technology, equipment, and product is one of its strengths and the strength that drives the company’s competitive performance.
HannStar’s Greater China headquarters in Hong Kong is celebrating its 10th anniversary. Announcing the anniversary, the chairman of HannStar, Ms. Mary Elizabeth Yung (張美雪), said, “Ten years ago, HannStar’s Greater China Headquarters was established in Hong Kong. Ten years later, HannStar is known as a famous company in the information and communications industry, an important development and strategic success in the high-tech industry. HannStar is a more experienced company with high technology and high efficiency in the industry. HannStar is also an important pillar of the high-tech industry in Shenzhen. HannStar headquarters will continue to play an important role in the development of the information and communications industry and the high-tech industry. HannStar will continue to be innovative, enthusiastic, persistent and active and will be HannStar’s tradition.”
President Hao Ben of HannStar Display said, “We are committed to providing excellent products and services to our customers. We have been cooperating with this investigation in order to resolve this matter in the best way possible.”
In 2010, HannStar also paid $2.2 million for “the price-fixing company” according to The Center for the Study of Anti-Competitive Behavior. The Center, based at the University of California-Berkeley, was established in 1970 to investigate anti-competitive activities, such as collusion.
In its statement, HannStar noted that the named conspirators could not have been involved in all the activities alleged in the DOJ’s complaint. It also noted that the conspiracy described in the plea agreement did not include any of HannStar’s subsidiaries. HannStar believes, that “the company’s actions have no impact on the global market and HannStar Touch is not involved in any conspiracy. HannStar Touch currently sells the majority of its products outside of Japan.”
HannStar continued to state that its home office has always been in Taipei. It also noted that HannStar’s Taipei factory is registered with the Taiwan government as an organization that makes and sells LCD products. The Taipei factory’s president, however, has testified in the past that the company’s headquarters are in fact in the southern city of Taichung.
The agreement also does not cover any products made or marketed after Jan. 31, 2006. According to the Department of Justice, HannStar is responsible for the manufacture, supply and sale of 250.7 million dollars worth of TFT-LCD panels from Sept. 14, 2001 to Jan. 31, 2006.