A top executive from Samsung Electronics Co. Ltd. will serve 10 months in prison and pay a US$250,000 fine for his role in a global conspiracy to fix DRAM (dynamic RAM) prices, the U.S. Department of Justice announced.
An investigation into possible anticompetitive behaviour in the flat-panel display market widened Tuesday, with four more big vendors saying they had been contacted by investigators.
An executive at Samsung Electronics Co. Ltd., the world's largest manufacturer of DRAM (dynamic RAM), has agreed to plead guilty and serve jail time for participating in a global price-fixing conspiracy, the U.S. Department of Justice (DOJ) said.
Samsung Electronics Co. Ltd. and its U.S. subsidiary Samsung Semiconductor Inc. on Wednesday ended a U.S. Department of Justice (DOJ) investigation into its participation in an international DRAM (dynamic RAM) price fixing conspiracy by officially entering in court its guilty plea and agreement to pay a US$300 million penalty.