DRAM Makers Agree To $160M Settlement

Law360, New York (May 11, 2006, 12:00 AM EDT) -- The world’s top memory-chip producers have agreed to pay $160 million to settle allegations that the rivals conspired for years to drive up the price of computer memory for computer makers and consumers.

The proposed settlement applies to defendants Samsung Electronics Co., Hynix Semiconductor Inc. and Infineon Technologies AG and would leave six rival firms remaining in the class action antitrust lawsuit, which was filed in October 2002.

U.S. District Judge Phyllis J. Hamilton, with the U.S. District Court for the Northern District of California, has...
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