Apple's key components provider Samsung which supplies, among other items, Retina panels for the new iPad, agreed along with other defendants to settle a price fixing class-action lawsuit for a whopping $1.12 billion.
Samsung has agreed to pay $240 million, AU Optronics will pony up $170 million, Toshiba will pay only $21 million and LG Display will settle for $380 million in damages.
This settlement - the largest consumer class-action price-fixing settlement ever - is in addition to previous settlements from ten manufacturers and prison terms for some executives, The Wall Street Journal reported...