Samsung, Hynix Executives Charged In DRAM Scheme

Law360, New York (October 18, 2006, 12:00 AM EDT) -- A federal grand jury in San Francisco Wednesday indicted two executives from Samsung Electronics Ltd. and one executive from Hynix Semiconductor America Inc. for their alleged participation in a global conspiracy to fix prices for computer memory.

Including today's charges, the U.S. Department of Justice has now charged four companies and 16 individuals, and fined them a total of more that $731 million for the alleged scheme over dynamic random access memory, or DRAM.

The DOJ said the pile of criminal fines represents the second highest...
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