It is true that the technology industry is facing strong competition, the only way to beat one another is to lower down the price and to pack the device with a whole load of feature, or you could just be Apple and price your phone and whatever price you like. Nokia and AT&T are suing an Asian LCD Manufacturer for price fixing. The November 25th filing in the U.S. District Court for the Northern District of California, San Francisco division, names Samsung Electronics, LG Display, Sharp, Hitachi, and Chunghwa Picture Tubes as co-conspirators.

Nokia’s margin is low, as their strategy shows strong market share, that’s their main focus. Nokia and AT&T are seeking for monetary compensation. Let’s hope it all turns out well.

Sources: Engadget