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Samsung pays $300 Million for price fixing

By Justin Mann

On October 13, 2005, 7:19 PM

The second largest settlement of its type in history, Samsung has been fine $300 Million to compensate for price fixing in the memory market. This was heard about a while back, with the prices of DRAM being artificially inflated among several manufacturers, Samsung is taking the biggest amount of heat for it. Other well known manufacturers Infineon and Hynix Semiconductor have also been fined, though in much lesser amounts. How much has this affected us? It's difficult to say, because technology prices continue to fall, but the charge says it spread from memory to cell phones to computers to many more things.

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  1. October 15, 2005 11:03 AM
    DragonMaster said:
    Prices "seem" to fall. A good computer 6 years ago was 2000$ with screen, keyboard, etc. and a good computer now is 1200$ w/o screen, etc.Sure, ram is cheaper, but a lot of the other components are not.
    Reply

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