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Samsung Electronics Co Ltd.

The world's largest memory chipmaker and its subsidiary Samsung Semiconductor admitted to conspiring with rivals to set prices of dynamic random access memory sold to certain computer and server makers from April 1999 to June 2002. Samsung Electronics pleaded guilty to participating in a global price fixing conspiracy and agreed to pay a $300 million fine. Dell, Compaq Computer, Hewlett-Packard, Apple Computers, IBM, and Gateway were directly affected by the conspiracy and are entitled to seek damages in civil court. (Oct-14-05) [COMPUTER BUSINESS REVIEW ONLINE]


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Published on Oct-15-05


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