ToshibaAmerica
Latest
Toshiba hit for $87 million in LCD price fixing verdict, maintains innocence
Toshiba decided not to settle when faced with allegations of price fixing, and now the company may have to pay the price. A jury handed down a verdict in the District Court for the Northern District of California today, hitting the company with $87 million in damages as part of a class action suit. The civil suit, separate from the criminal charges some of its alleged co-conspirators faced, wrapped today with the decision to award consumers $70 million and gave $17 million to manufacturers who purchased the company's panels. Toshiba may not actually have to pay up, however, thanks to settlements struck by others caught up in the same scandal, which could cover the damages. Regardless, the company maintains its innocence and actually plans to pursue "all available legal avenues" to reverse the decision. For more of Toshiba's response, check out the PR after the break.
Toshiba reveals more tablet details, confirms Windows and Android versions
It wasn't that long ago that we heard confirmation from Toshiba America's Jeff Barney that there was a slate coming from the company in early 2011. Now Jeff has disclosed a bit more information to Reuters, including the presence of not one but at least two of the things, and he's saying they'll be out before the year is through. The first will be a premium model running Windows 7, roughly 10 inches in size and, interestingly, having not one but two screens. (Is this you, Courier?) The second will run Android and is said to come in at a lower price, though beyond that it's up to you to decide what kind of specs it should have. The prime intent for both is "media consumption" according to Barney, who sees the presence of slates as "expansive like netbooks." In other words: not stealing sales from the company's laptop business. Given he also took the time to talk up the 50-percent boost in Toshiba laptop and PC sales this year, he'd better hope that's the case.
