Wednesday, January 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
PC Gaming Hardware Market Has Breached the $30 billion Mark
VR-capable Imagination Series8XE GPU is Targeted At Low-end Smartphones
Toshiba May Spin Off Its Semiconductor Business
These Are The Specs of ZTE's Hawkeye Project CSX Crowdsourced Smartphone
Airbus Could Build A 'Flying Car' This Year
Intel Unveils New Intel Responsive Retail Platform, Announces $100 Million Investment Plan
Raspberry Compute Module 3 Launched
SpaceX Sends Satellites into Orbit
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 Adds New Capabilities And Categories To Their Mobile Alliance Program
LG Display To Supply LCD Panels For TVs to Rival Samsung Electronics
Samsung Vice Chairman Suspect in Political Probe
Samsung SDI Presents Fast Charging Battery That Enables Electric Vehicles to Drive 600km
Samsung's Latest Wearables Get iOS Compatibility
Samsung's Exynos Processors To Power Future Audi Cars
Samsung NEXT at CES 2017
Samsung Q4 Profit Beats Estimates Despite Galaxy Note 7 Fiasco
CES: Samsung Introduces Odyssey Gaming Notebook, New Chromebooks, Updates the Notebook 9
Samsung Unveils Its New QLED TVs, LG Responds With New Signature OLED TV W Series
Samsung Unveils Family Hub 2.0 and Smart Built-in Appliances at CES 2017
Galaxy S8 Said To Offer A Desktop Experience

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .