The individual fines are as follows:
The overall cartel was in operation between 1 July 1998 and 15 June 2002, the EU said. It involved a network of contacts and sharing of secret information, mostly on a bilateral basis, through which they coordinated the price levels and quotations for DRAMs (Dynamic Random Access Memory), sold to major PC or server original equipment manufacturers (OEMs) in the EEA. DRAMs is a common model for "dynamic" semiconductor memories for personal computers (PCs), servers and workstations.
Elpida Memory has accepted the fine. Since the fine is within the range of a reserve already fixed for such issue in FY 2008, the company believes that the fine will not have a material impact on its current year (FY 2010) consolidated financial results.
NEC Corporation (NEC) also confirmed receipt of the Commission's decision. The fine will not affect the financial forecast in the "Full Year Consolidated Financial Results for the Fiscal Year Ended March 31, 2010" that was announced on May 12, 2010, NEC said.