Elpida Guilty of DRAM Price Fixing

@ 2006/01/31
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).
Comment from Sidney @ 2006/01/31
Excellent, justice is served.

 

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