The plea agreement was filed in federal court in San Francisco.
LCDs, or liquid crystal display monitors, are the glass display screens on most laptop computers, cell phones and new TVs.
Deputy Assistant Attorney General Scott D. Hammond said the scheme cost not only consumers, but also retailers including Apple, Dell and Motorola.
Hammond did not have a cost value for the losses, and said the investigation is continuing.
"These price-fixing conspiracies affected millions of American consumers who use computers, cell phones and numerous other household electronics every day," Hammond told reporters at a Justice Department briefing announcing the deal. "By conspiring to drive up the price of LCD panels, consumers were forced to pay more for these products. And consumers were not the only ones affected by these conspiracies."
LCD screens are a $70 billion worldwide market.
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