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Criminal

Dec. 15, 2011

Executives plead guilty in price-fixing scheme

Three executives of Hitachi-LG Data Storage Inc. agreed to plead guilty for their role in a price-fixing conspiracy in the optical disk drive market.

By Jill Redhage
Daily Journal Staff Writer

Three executives of Hitachi-LG Data Storage Inc. agreed to plead guilty and serve prison time in the United States for their role in a price-fixing conspiracy in the optical disk drive market, Department of Justice officials announced Wednesday.

Young Keun Park, Sang Hun Kim and Sik (Daniel) Hur, all of Korea, admitted to rigging bids for optical disk drives sold to Dell Inc. and Hewlett-Packard Co. and fixing prices for dri...

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