Samsung Settles Price-Fixing Lawsuit for $90 Million
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By Ken Dey, The Idaho Statesman, Boise  Feb. 7--The day Micron Technology hosted President Bush at its Manassas,  Va. plant, a top competitor settled a price-fixing lawsuit that Micron is also  a defendant in.
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EBAY VENDORS were ordered to pay nearly $90,000 in restitution and fines after admitting they bid up products online to inflate the prices.
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Eight eBay sellers were ordered to pay nearly $90,000 in restitution and fines after admitting they bid up products online to inflate the prices.
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Samsung Electronics has replied to a&#160;patent-infringement lawsuit filed against it by Sharp&#160;by lodging complaints of its own with the U.S. International Trade Commission and the Tokyo District Court, it said Thursday.Samsung filed the U.S. complaint on Dec. 21 and alleged that Sharp&#39;s LCD products infringe upon four of its U.S. patents. The patents were not detailed in Samsung&#39;s statement. It asked the trade regulator to launch an investigation into the complaints and, as is typical in such cases, block Sharp from importing into the U.S. products that contain the LCDs in question. Such products could include TVs, monitors, laptop PCs, and cell phones.The ITC will now examine the complaint and decide whether to move forward with a formal investigation.Samsung followed the U.S. complaint with a complaint lodged in Tokyo on Wednesday in which it alleged that LCD televisions sold by Sharp in Japan incorporate LCD modules that infringe upon two of Samsung&#39;s Japanese patents. As in the U.S. complaint, Samsung asked the court to halt manufacturing and sales of the infringing products in Japan.On Dec. 12,&#160;Sharp filed a patent-infringement lawsuit against Samsung&#160;in the Seoul Central District Court. The lawsuit alleges the LCD modules and televisions manufactured and/or sold by Samsung in South Korea infringe upon three Sharp patents. The Korean patents concern technology that allows high brightness and high-speed response as well as a wide viewing angle, Sharp said in a statement at the time.The lawsuit was the second filed by Sharp against Samsung.On Aug. 6, Sharp filed a suit in the U.S. District Court for the Eastern District of Texas alleging LCD modules manufactured by Samsung and LCD TVs, computer monitors and mobile phones that incorporate the modules infringed on its U.S. patents: 4,649,383 , 5,760,855 , 6,052,162 , 7,027,024, and 7,057,689 .Samsung said Thursday that it is also pursuing lawsuits against Sharp in Delaware and Texas.
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Eight sellers ordered to pay nearly $90,000 after admitting to bidding up products online to inflate prices.
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GIANT CHAEBOL Samsung will put $100 million in a safe place in case the US government decides it is guilty of price fixing DRAM prices.
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Verizon Communications and Vonage Holdings settled a patent-infringement lawsuit with Vonage agreeing to pay as much as $120 million.
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TWO of the worldâs biggest electronics companies have hammered out a deal that should help keep them out of the courtroom. Japanese electronics icon Sony and South Korean rival Samsung, the worldâs leading
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Samsung Electronics sealed a comprehensive cross license contract with Sony of Japan to share most of their patent technologies. Samsung Electronics and Sony announced on December 14 in Seoul
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Blog: One of the many companies defending itself against a patent lawsuit filed by Visto has settled for an undisclosed amount.
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SEATTLE/NEW YORK: Microsoft has said it will pay $536m to Novell to settle an antitrust suit. It also resolved a 10-year dispute with a computer trade group.
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International Business Machines Corp. said yesterday it will pay at least $300 million to settle part of a lawsuit that claimed the firm's pension plan discriminated against older workers.
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Japan's Pioneer Corp. (6773.T) said on  Monday it filed a suit in the United States against South  Korea's Samsung SDI Co. (006400.KS) and Samsung Electronics Co.  Ltd. (005930.KS) for what it says are patent violations in its  plasma display panel technology.
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German computer chip maker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine, the Justice Department said yesterday.
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Samsung Electronics Co., the world&#39;s largest memory chip maker, said yesterday in a regulatory filing that it has set aside $100 million in provisions to deal with a price-fixing investigation in the United States.
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The world's largest DRAM maker agrees to pay multimillion dollar fine in a DRAM price-fixing suit.
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Former Samsung Semiconductor Inc executive Thomas Quinn has pleaded guilty to price fixing, and expects to serve eight months in prison, the US Department of Justice said.