Infineon Execs Plead Guilty
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NEW YORK - With four of its executives pleading guilty to price-fixing charges today, Infineon will have a hard time arguing that it didn&#39;t fix prices in its ongoing litigation with Rambus.
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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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Gene F. Haas, owner of the nationâs largest maker of machine tools, agreed on Friday to plead guilty to conspiracy in tax evasion and will face two years in prison.
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Four Infineon (Quote, Chart) executives agreed to plead guilty to charges they conspired to fix prices in the computer memory sector, officials said Thursday.
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German computer chipmaker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine, the Justice Department announced Wednesday.
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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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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.
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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.
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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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Four executives from Infineon Technologies have pleaded guilty to price fixing in the DRAM industry, according to the US Department of Justice.
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German microchip giant Infineon Technologies agreed to plead guilty and to pay a 160 million dollar fine for participating in &quot;an international conspiracy to fix prices,&quot; US officials said.
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WASHINGTON - Infineon Technologies AG, a German manufacturer of DRAM (dynamic RAM) has agreed to plead guilty and pay a $160 million fine for attempting to fix prices in the DRAM market, the U.S. Department of Justice (DOJ) announced Wednesday.
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Four executives at German chipmaker Infineon were jailed today on charges of engaging in illegal price fixing of PC memory chips according to the US Department of Justice.
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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.
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Monster Worldwide's former general counsel pleaded guilty in a Manhattan courtroom Thursday, another executive caught up in the stock options backdating scandal.
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Two executives of Kaplan &amp; Co. Securities of Florida have pleaded guilty to state securities fraud charges that stemmed from an investigation of illegal, after-hours trading of mutual funds, New York Attorney General Eliot Spitzer said Tuesday.
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Computer chip maker Infineon Technologies AG posted a 10 percent drop in net profit for the fourth quarter after taking large charges to cover potential civil claims from U.S. and European antitrust actions, the company said Tuesday.