Samsung exec pleads guilty to price-fixing

Posted by From the Web

Thomas Quinn, a Samsung Semiconductor executive, has pleaded guilty to federal charges of fixing prices for dynamic random access memory (DRAM). Quinn conspired with competitors in a scandal that affected every major computer maker.

Co-conspirators included Korean Samsung executives as well as competitors from Hynix, Infineon, Micron Technology, and Elpida.

Read the complete story here. (webpronews)