Four Infineon Execs Plead Guilty in DRAM Probe
390053
Samsung, Micron Technology and Hynix Semiconductor have acknowledged that they have received subpoenas related to the investigation.
266799
Four sales executives of German  chip maker Infineon Technologies AG IFXGn.DE have agreed to  plead guilty to participating in a conspiracy to fix the prices  of computer memory chips, the U.S. Department of Justice said  on Thursday.
269569
The Department of Justice charged Infineon with violating the Sherman Antitrust Act by conspiring with unnamed DRAM manufacturers between July 1999 and June 2002 to fix prices on memory sold to computer and server vendors.
107274
Four Infineon Technologies executives have agreed to pay US$250,000 fines and serve prison time in the US for their roles in an international conspiracy to fix prices for DRAM computer memory chips, the Justice Department announced yesterday.
40042
Memory was little help to Munich, Germanyâs Infineon Technologies AG in its now closed fiscal Q4. The company reported Q4 revenues of $2.
746208
Three former executives of the Countrywide Financial have agreed to plead guilty to charges they conducted insider trading.
661019
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.
311957
A federal jury found Qualcomm Inc.   guilty of infringing three patents owned by smaller  rival Broadcom Corp.  and it awarded Broadcom $19.6  million in damages on Tuesday, the companies said.
407757
Infineon Technologies AG (FSE/NYSE: IFX) announced today that it has reached an agreement with the United States Department of Justice - Antitrust Division - (DoJ) to plead guilty to a single and limited charge related to the violation of US antitrust
169426
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.
4809
Four sales executives of German microchip firm Infineon plead guilty to price fixing and accept jail terms, the US Justice Department says.
122297
A former senior executive at Marsh & McLennan Companies Inc. and two American International Group Inc. employees pleaded guilty Tuesday to criminal charges in the state's probe of bid-rigging and price-fixing in the insurance industry.
683405
(InfoWorld) - Samsung Electronics, the world's largest DRAM (dynamic RAM) maker, agreed to pay $90 million in a DRAM price fixing suit raised by a group of U.S. state governments, the first company named in the suit to reach such an accord. Samsung also agreed to assist the states in resolving price-fixing charges against other defendants named in the suit, the Office of the New York State Attorney General said in a statement on Tuesday. The agreement ends the case against Samsung. TheÂ lawsuit was filed last JulyÂ by New York and 40 other U.S. states in a joint antitrust effort against several DRAM (dynamic RAM) makers over alleged price-fixing, adding to industry woes amid an ongoing federal investigation that has already led to $731 million in fines. They alleged the companies violated antitrust laws and harmed consumers by conspiring to fix prices through artificial supply restraints, dividing markets among themselves and rigging bids on DRAM contracts during a four year period between 1998 and 2002. The price fixing scheme caused computer makers such as Apple and DellÂ to pay more for DRAM than they would have in a competitive market, the suit alleged, and the costs were then passed on to consumers. The Samsung settlement will be used to benefit victims of high DRAM prices, with $80 million going to consumers and other victims, and $10 million being paid out to state and local governments. New York's attorney general said the state's specific share of the settlement will be determined in the future. Samsung's Seoul office declined to comment on the settlement, saying its U.S. subsidiary was handling all issues regarding the case. Hynix Semiconductor, another company named in the suit, said it is too early to tell what impact the Samsung deal may have on the case. "We're still looking into the matter. We haven't decided anything yet," said Kim Ah-Young, a Hynix representative. The accord with Samsung is subject to approval by the federal court in San Francisco. The litigation will continue against other DRAM makers named in the suit, including U.S.-based Micron Technology, Infineon Technologies of Germany, South Korea's Hynix, Japan's Elpida Memory and NEC Electronics America, Taiwan's Mosel Vitelic and Nanya TechnologyÂ as well as their U.S. subsidiaries. The case by the states started after the U.S. Department of Justice (DOJ) investigation had already led to several guilty pleas, which resulted in millions of dollars in fines and jail time for a dozen individuals from four companies. In late 2005,Â Samsung was ordered to payÂ a $300 million criminal fine in the DOJ case, while South Korean rivalÂ Hynix Semiconductor agreed to payÂ $185 million. Infineon Technologies, of Germany, wasÂ first to pay a fineÂ of $160 million, in late 2004. Earlier last year, Japan'sÂ Elpida Memory agreed to plead guiltyÂ and pay a $84 million fine.
433000
LONDON, September 16 (New Ratings) - Infineon Technologies (IFX.ETR) has agreed to plead guilty and to pay a fine of $160 million to settle the federal charges of participating in an international conspiracy of DRAM price fixing.
382250
WASHINGTON -- German chipmaker Infineon (Quote, Chart) has agreed to plead guilty and pay a $160 million fine for participating in what the Department of Justice (DOJ) calls an international price-fixing conspiracy in the memory chip market.
81633
An executive with the U.S. unit of Samsung agreed to plead guilty for taking part in the price fixing of computer memory chips.
221965
Europe&#39;s second-largest chipmaker Infineon Technologies AG has disappointed the market after its year-end results were lower than expected, hit by record antitrust fines and other charges.