Samsung squirrels $100 million for DRAM cartel case
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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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IBM has filed a 100-page motion with a US district court in an attempt to have some of the claims made against it by The SCO Group dismissed.
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Samsung Electronics, South Korea&#39;s best-known company and one of the world&#39;s leading manufacturers of mobile phones, is embroiled in a court battle with a local food supply chain over an Internet domain name, news reports said here Wednesday.
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South Koreaâs financial regulator has found accounting irregularities worth Won1,980 billion ($1.7 billion) at Hynix Semiconductor, and has warned that the worldâs second largest memory chipmaker could be fined for the violations.
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Infineon Technologies AG agreed to plead guilty to fixing prices for digital memory chips and pay a $160 million criminal fine, the third largest US antitrust enforcement penalty, the Justice Department said.
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Samsung Electronics agrees to pay $90m to settle price-fixing allegations in the US.
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The deal is valued at about $100 million, but the handset maker will be billed based on actual service consumption.
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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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SEOUL: South Korean microchip makers said they face a US investigation into a price-fixing conspiracy in which German maker Infineon technologies has already suffered heavy fines.
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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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Infineon and ProMOS have finally ended a long running argument over licensing for DRAM chips. The two were part of a joint venture with Mosel Vitelic which ran from 1996.
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The so-called $100 laptop that's being designed
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BlackBerry maker Research in Motion filed suit against Samsung in U.S. District Court on Friday, claiming the South Korean electronics manufacturer's choice of the "BlackJack" name is too close to that of its popular BlackBerry device.
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Federal prosecutors announced on Wednesday that they had cracked a global cartel that had illegally fixed prices of memory chips in personal computers and servers for
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SAN JOSE, Calif. - South Korean DRAM maker Samsung Electronics Co. Ltd., said Thursday (Oct. 28) that it &quot;played an integral role in the development and manufacturing&quot; of the Personal Internet Communicator (PIC), announced by Advanced Micro Devices Inc.
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Global computer memory chip  makers including Samsung Electronics Co. and Micron Technology  Inc. were sued on Thursday by New York Attorney General Eliot  Spitzer for allegedly conspiring to raise memory chip prices.
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Samsung, the world&#39;s top memory chipmaker, said on Thursday that its US subsidiary would put aside $100m in antitrust provisions related to a computer memory chip dispute.