More Samsung and Hynix execs charged for DRAM price-fixing

Posted by From the Web

Two executives from Samsung Electronics and one exec from Hynix Semiconductor America have been indicted by a federal grand jury in San Francisco for their role in a global conspiracy to fix DRAM memory prices, the Department of Justice announced.

The charges are part of a broader ongoing antitrust investigation into a price-fixing scheme that the US government claims drove up the price of DRAM chips used in PCs, cell phones, servers and other electronics.

Read the complete story here. (CBR)