TITLE

Hynix, Infineon, Samsung Pay $160M to Settle DRAM Antitrust Suit

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
May 2006
SOURCE
Electronic News;5/15/2006, Vol. 52 Issue 20, p39
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Samsung Semiconductor, Hynix Semiconductor and Infineon Technologies AG to settle dynamic random access memory (DRAM) price fixing claims. The companies agreed to pay $160 million in a settlement hearing in the U.S. District Court. Criminal probe investigations found out that the companies are guilty of DRAM price fixing. The companies' executives have also participated in a global conspiracy to fix DRAM prices.
ACCESSION #
20965007

 

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