160 million antitrust fine for memory chip maker
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Memory chip maker Infineon Technologies yesterday pled guilty to breaching US antitrust laws for price fixing in its dynamic random access memory (or DRAM) chip business.
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NEW YORK, December 6  - The US Department of Justice has imposed steep fines and announced jail terms for four senior executives of Infineon Technologies (IFX.
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Wednesday&#39;s ruling will be on whether the European Union penalties assessed against Microsoft -- including the largest antitrust fine ever levied by the European Commission and the requirement
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Hynix is bracing itself for fines, and worse, after Korean regulators found it guilty of a $1.75bn accounting fraud. The Financial Supervisory Service (FSS) says the memory chip overstated results for 1999.
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By David Cay Johnston  Samsung Electronics of South Korea, the world's largest maker of memory chips, has agreed to pay $90 million to settle civil charges that it conspired with six other makers of computer chips to fix prices, the attorneys general of 41 states announced.
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A European court today upheld a record $689 million antitrust fine against Microsoft, another in a string of defeats for the company's business practices and one which narrows the options in its decade-long battle with continental regulators.
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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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GIANT MEMORY company Infineon will plead guilty to price fixing of DRAM chips and will pay $160 million in fines to the US government.
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The US Department of Justice looks into competitive practices among flash memory chipmakers.
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Four senior executives of German chipmaker Infineon Technologies will serve jail time and pay steep fines for their role in a scheme to fix prices in the memory chip market, said the US Department of Justice.
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An executive at Samsung Electronics, the world's largest manufacturer of DRAM (dynamic RAM), has agreed to plead guilty and serve jail time for participating in a global price-fixing conspiracy, the U.S. Department of Justice (DOJ) said Thursday.
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BERLIN Infineon Technologies said Thursday that it had set aside enough funds to settle additional antitrust probes and civil suits after agreeing to plead guilty in the US to fixing prices for memory chips.
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update Infineon Technologies will plead guilty to taking part in an international DRAM price-fixing conspiracy, which affected such companies as Dell, Hewlett-Packard and Apple, the US Department of Justice announced Wednesday.
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Becomes the first company to plead guilty to conspiring with manufacturers to fix the prices of DRAM chips in a 2-year probe. WASHINGTON/SAN FRANCISCO: Germany&#39;s Infineon Technologies AG has agreed to plead
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(InfoWorld) - Sun Microsystems and Unisys have jointly filed a lawsuit against several major computer memory chip makers seeking compensation for alleged price fixing. The two computer makers individually filed lawsuits against the companies earlier this year but have now brought the cases together in the U.S. District Court for the Northern District of California, according to a Friday court filing. The complaint names South Korea's Hynix Semiconductor, Infineon Technologies of Germany, Japan's Elpida Memory and Mitsubishi Electric, Taiwan's Mosel Vitelic and Nanya Technology, and U.S. and European units of some of the companies. The lawsuit is one of several filed against DRAM makers after the U.S. Department of Justice (DOJ) began an investigation into price fixing in 2002. That has already seen a number of guilty pleas by companies and executives and fines have been levied against some DRAM makers. Last year Samsung ElectronicsÂ wasÂ ordered to pay a $300 million criminal fineÂ and HynixÂ agreed to pay $185 million. InfineonÂ paid $160 million,Â and Japan's Elpida agreed toÂ pay a $84 million fine.
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The European Commission confirmed Monday it has received a written response to the&#160;formal antitrust charges&#160;it filed against computer chip maker Intel, after some delays.
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Three German executives and an American with microchip giant Infineon Technologies face jail terms and fines under plea agreements to settle a US probe into price-fixing, the Justice Department said.