On March 13, 2012, following an eight-week trial, a federal jury in San Francisco convicted AU Optronics Corporation (AUO), its U.S. subsidiary and two of former senior executives of conspiring to fix the prices of thinfilm transistor liquid crystal display (TFT-LCD) panels. The jury also found that the gain to the conspirators resulting from the price fixing was more than $500 million. AUO is headquartered in Taiwan. AU Optronics Corporation America, its U.S. subsidiary, is headquartered in Houston, Texas.

The two former AUO senior executives convicted were former AUO president Hsuan Bin Chen and former executive vice president Hui Hsiung. The jury found two AUO employees not guilty — Lai-Juh Chen, former director of the Desktop Display Business Group, and Tsannrong Lee, former senior manager of the Notebooks Business Group. The jury could not reach a decision and a mistrial was declared as to Steven Leung, former AUO senior manager of the Desktop Display Business Group.