Friday, July 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
The Fitbit skill for Cortana is Now Available
AMD Completes Ryzen Mainstream Desktop Lineup with the Affordable Ryzen 3 processors
Toshiba TR200 SSD Series Uses 64-Layer 3D Flash Memory
Twitter Struggles to Attract New Users
Panasonic Technology Detects and Predicts a Driver's Level of Drowsiness
HTC U11 Takes Amazon Alexa On the Go
Samsung Electronics Reports Record Profit, Expects High Chip Demand
LG Electronics Reports Second Quarter Profit Although Its Mobile Business is Still Slow
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 > General Computing > Rambus ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 16, 2011
Rambus Loses Price Fixing Case Against Hynix and Micron


Technology licensing company Rambus Inc. today announced the jury in its anti-trust case against Hynix Semiconductor and Micron Technology has found in favor of the defendants.

The jury found that Rambus did not meet its burden of proving its case against the two defendants. At issue were Rambus allegations that the defendants illegally conspired to constrain availability of Rambus' RDRAM and keep its prices unnaturally high relative to its competition, while holding competitive DDR pricing low, in an effort to eliminate Rambus' RDRAM memory technology from the marketplace.

Micron and Hynix countered that Rambus's chip technology was plagued by technical problems and that the company blames competitors for its own failure.

"We are disappointed with this verdict as we believe strongly in our case. We thank our legal team and everyone who has supported Rambus in this case over the past seven years. We do not agree with several rulings that affected how this case was presented to the jury and we are reviewing our options for appeal," said Harold Hughes, president and chief executive officer of Rambus. "Regardless of this outcome, we remain steadfastly committed to innovation as Rambus engineers and scientists continue to advance the frontiers of technology for the benefit of our customers and consumers worldwide."

"We are very pleased that the jury considered all the evidence at issue in this case and determined that Rambus' allegations against the Company were completely without merit," said Steve Appleton, Micron's Chairman and Chief Executive Officer. "The jury's verdict validates our assertion that Micron acted in accordance with the law and consistent with its values of innovation and fair competition in the marketplace."

"We welcome the jury's decision," Hynix Chief Executive Kwon Oh-Chul said in a statement. "The ruling drastically reduces uncertainties hanging over the company's future."

Thie case was originally filed on May 5, 2004 in the Superior Court of the State of California. In the suit, Rambus charged that the defendants engaged in a "concerted and unlawful" effort to eliminate competition and stifle innovation in the market by collectively rigging DRAM prices to drive Rambus' RDRAM memory technology from the market.

Rambus asserted its claims under certain causes of action, including conspiracy to restrict output and fix prices in violation of the Cartwright Act and intentional interference with prospective economic advantage. The claim of the defendants engaging in unfair competition in violation of California Business and Professions Code Section 17200 remains to be decided by the judge. Rambus previously dismissed without prejudice a claim of conspiracy to monopolize in violation of the Cartwright Act.

Rambus was awarded no damages.


Previous
Next
Qualcomm Unveils New Snapdragon Mobile Processors For Smartphones and Tablets        All News        Google Set To Unveil Music Download Store
Google Music Service Lauched     General Computing News      Google Set To Unveil Music Download Store

Get RSS feed Easy Print E-Mail this Message

Related News
SK hynix Reports Record Q2 Results on Strong Chip Sales
Rambus is on Sale: report
Micron Posts Record Revenues in fiscal 3Q17
Micron Lexar Removable Storage Retail Business Discontinued
Crucial BX300 SSD Coming This Summer
Micron's GDDR5X Memory Hits the 16Gbps, Mass Production of GDDR6 on Track For Next Year
SK Hynix and Micron Try To Catch up With Samsung in 10nm DRAM Production
Broadcom, KKR and SK Hynix - Bain Join Final Bidding Round for Toshiba's Memory Unit
Micron Announces a 4-server-node, All-flash, Accelerated Ceph Storage Solution
Micron Unleashes the Power of NVMe Storage, With New SolidScale System
SK Hynix Reports Strong First Quarter Results
SK Hynix Introduces First 72-Layer 3D NAND Flash

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 .