Thursday, December 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ARM Physical IP for TSMC 7nm Process Technology Now Available
HTC Launches Vive Studios, Debuts "Arcade Saga" Title
Radeon Software Crimson ReLive Edition Brings Support For Chill, Along With New Features
Microsoft Unveils Windows 10 for Qualcomm Chips, "Project Evo" PCs For Mixed Reality And Gaming
Samsung's First Foldable Phone May Actually Not Have A Foldable Screen
Apple In Talks With Hollywood For Early Movie Rental
Bluetooth 5 Technology Brings Advancements In Terms Of Range, Speed And Capacity
Global Virtual Reality Association Established To Promote VR
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, December 01, 2005
Samsung Fined For Fixing prices of DRAM Chips


Samsung pleaded guilty Wednesday to a charge it participated in a price-fixing conspiracy that damaged competitors and increased computer prices.

In accordance with an October plea deal with federal prosecutors, U.S. District Judge Phyllis J. Hamilton ordered the South Korea-based company and its U.S. subsidiary, Samsung Semiconductor, to pay a $300 million fine -- the second-largest criminal antitrust fine ever.

The hearing in San Francisco federal court was the culmination of a massive, three-year investigation that has so far netted guilty pleas from three of the largest makers of dynamic random access memory chips used to store information in computers and other devices.

Earlier this year, Seoul-based Hynix Semiconductor agreed to pay a $185 million fine. Rival Infineon Technologies of Germany agreed to pay $160 million last year. A fourth chip maker, Micron Technology of Boise, Idaho, has been cooperating with prosecutors and was not expected to face charges.

The government claimed the companies conspired in e-mails, telephone calls and face-to-face meetings to fix prices of memory chips, which are used in personal computers, printers, video recorders and many other electronics.

Victims, according to federal prosecutors, included Hewlett-Packard, Apple Computer, Dell, Compaq Computer, International Business Machines and Gateway. Apple and Dell raised PC prices to compensate while others reduced the amount of memory installed on their systems to compensate, the government claimed.

The Justice Department investigation began in 2002, a year after memory-chip prices began to climb even though the rest of the tech industry was suffering its worst downturn in history.

The outcome of the investigation also is expected to help fuel a private antitrust case filed by Los Altos chip designer Rambus, which licensed a memory technology that had been embraced by Intel.


Previous
Next
New Nero SIPPS Features Video Telephony and TAPI Interface        All News        Via Releases Security Kit for Linux, Windows Developers
MSI Introduces New Integrated Graphics Platform     PC Parts News      Via Releases Security Kit for Linux, Windows Developers

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Samsung's First Foldable Phone May Actually Not Have A Foldable Screen
Western Digital Renews Patent Cross-License Agreement with Samsung
U.S. Supreme Court Rules in Favor of Samsung in Smartphone Patent Suit
KAIST Sues Samsung, Qualcomm And Globalfoundries Over FinFET Patent Infringement
Samsung Offers Second Gear S2 Update
Samsung Gear S3 Features Lonely Planet's Travel App, Guides and New Watchfaces
Samsung Galaxy S8 To Feature Automatic Focus Function to Its Front Camera
Samsung Investors And Executives Meet to Discuss Company Overhaul
Samsung Dominates The Global Mobile DRAM Market
Samsung To Design Its Own RiSC-V Micro-controller For IoT Devices
Samsung Display To Convert LCD TV Lines Into OLED Phone Lines
Samsung Group Offices Raided in South Korea Scandal

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .