Hitachi,Toshiba optic drive ventures in global probe
TOKYO Oct 27 (Reuters) - Japan's Hitachi Ltd (6501.T) and Toshiba Corp (6502.T) said on Tuesday that their optical disc drive operations with South Korean partners were being investigated internationally for possible anti-trust violations.
Hitachi said its joint venture with LG Electronics (066570.KS), Hitachi-LG Data Storage, had received a subpoena from the U.S. Department of Justice, and that the unit was also under investigation by European Union and Singapore regulators.
Toshiba said its joint venture with Samsung Electronics (005930.KS), Toshiba Samsung Storage Technology Corp, had also received a subpoena in the United States and that it was answering queries from authorities in other regions.
Sony the previous day said that its U.S. optical disc drive had received a subpoena in the United States, without elaborating on what products were being investigated. [ID:nT281777]
- Sierra Leone declares emergency as Ebola death toll hits 729 |
- S&P 500 posts worst day since April; indexes down for month
- U.S. man sues soccer star Cristiano Ronaldo over CR7 trademark
- Moscow fights back after sanctions; battle rages near Ukraine crash site |
- Netanyahu vows to complete Gaza tunnels destruction |