Hynix Execs Agree To Prison Time In Price-Fixing Case

Law360, New York (March 1, 2006, 12:00 AM EST) -- Four executives of chip maker Hynix Semiconductor have pled guilty to participating in an illegal price-fixing scheme and have agreed to serve time in prison.

The executives of the Korean company all played a role in a conspiracy to fix the prices of Dynamic Random Access Memory (DRAM) chips, according to the U.S. Department of Justice.

D.S. Kim, Hynix’s general manager, will serve eight months in prison, C.K Chung, the company’s director of global sales will serve seven, K.C. Suh, a senior manager, will serve six...
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