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Asian firms to pay $571 mn more in US LCD case
by Staff Writers
New York (AFP) July 3, 2012


Three major Asian manufacturers have agreed to pay fines of $571 million to US states as part of the ongoing case on price-fixing of LCD displays for electronic devices, officials said Thursday.

The settlements were reach with Japan's Toshiba Corporation, AU Optronics of Taiwan and LG of South Korea, according to the New York state attorney general's office.

The case is part of a long-running probe in the United States over a scheme to boost prices for liquid crystal display (LCD) screens used in televisions, computer monitors, and laptops.

New York is among eight states sharing in the settlement and will get some $10 million through recovery for government purchases and penalties, in addition to restitution to consumers.

The companies in the latest round of settlements agreed to pay $543.5 million to settle antitrust claims and two firms will pay $27.5 million in fines and penalties to the states.

Together with seven earlier settlements, the payments will top $1.1 billion.

"This price-fixing scheme created an unlevel playing field for businesses that abide by the rules, and left consumers paying artificially higher costs for televisions, computers and other electronics," said New York State Attorney General Eric Schneiderman.

The complaint alleged that the companies agreed to inflate prices from 1999 on the LCD products.

Rival LCD makers met in secret in karaoke bars, tea rooms, and hotel conference rooms in Taiwan to set prices rather than letting market forces prevail, according to US officials.

When all settlements are in place, officials said consumers in 24 states and the US city of Washington will be eligible for compensation totaling $692 million.

Information about the settlements and the court approval process, is available at www.lcdclass.com

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Klimt gets 21st-century makeover with iPads, apps
Vienna (AFP) July 12, 2012 - Vienna's Belvedere Museum is giving Gustav Klimt a 21st-century makeover even as he turns 150, with smartphones, iPads and tablet computers now guiding the visitor... even beyond the museum's doors.

The Belvedere launched Thursday a new Klimt app, along with a new exhibit, to help visitors enter the artist's world.

A touch of the finger brings up information about a given painting and a short video of the place he depicted or a key location related to it: from the Attersee lake where Klimt spent his summers to Venice's Basilica San Marco, whose byzantine style inspired his "Golden Period."

A free Gustav Klimt world map, downloadable on the Internet, meanwhile lists the main stops in his life, all over Europe, with pictures of the places he visited and the paintings he created in that location.

The Google Maps-powered app even gives directions to each of the sights, from his grave in Vienna to a gallery in London where he once displayed his works.

The use of apps, the first ever by an Austrian state museum, will "provide a new, continuous experience far beyond the visit to the museum and the exhibit," according to the Belvedere.

QR codes also help visitors decipher Klimt's scribbled and hardly legible love letters, now on show for the first time.

"We need to find new ways to present art," curator Alfred Weidinger told journalists Thursday at a preview of the new exhibit.

The only risk could be that visitors will now spend more time absorbed by the stylish and interactive apps than contemplating the art inside this former baroque palace.

The Belvedere inaugurated Thursday a comprehensive new Klimt exhibit with 120 paintings, drawings, letters and other memorabilia, ahead of the artist's 150th birthday on July 14.



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TECH SPACE
Global PC sales flat as consumers eye new gadgets
Washington (AFP) July 11, 2012
Worldwide sales of personal computers fell 0.1 percent in the second quarter of the year as consumers turned their attention to newer gadgets like tablets, a survey showed Wednesday. The quarterly report from research firm Gartner showed PC shipments, excluding tablet computers, totaled 87.5 million units in the second quarter of 2012, a small drop year-over year. "In the second quarter ... read more


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