Elpida goes down with its other price fixing pals
Elpida today plead guilty to DRAM price fixing under an agreement reached with the US Justice Department. Under the agreement, the company will pay a total fine of $84 million.
Elpida now joins its partners in crime which include Hynix, Infineon, Micron, and Samsung. Those company faced fines ranging from Infineon's $160 million to Samsung's fine of a whopping $300 million (second largest in US antitrust history).
Tokyo-based Elpida admitted to violations of U.S. antitrust laws in connection with its DRAM sales from April 1999 through June 2002. Included are sales made by NEC Corp. and Hitachi Ltd. prior to the commencement of Elpida's sales operation.
"Nowadays you can buy a CPU cheaper than the CPU fan." -- Unnamed AMD executive
|
Most Popular ArticlesSource: Don't Worry, NSA Spies on "99 Percent" of Americans' Locations, Call Records June 14, 2013, 3:57 PM Report: Intel Delays 14 nm Broadwell, Schedules Haswell Refresh for 2014 June 17, 2013, 5:30 PM NSA Leaker May be Killed in Drone Strike Says Ron Paul June 17, 2013, 11:18 AM Report: Apple to Release Larger iPhone Screens, Cheaper iPhone for $99 June 13, 2013, 9:41 AM Just How Powerful is the Xbox One? Microsoft is Confused June 18, 2013, 11:30 AM
|