Price fixing for DRAM: One more leader Samsung was jailed for 14 months
On April 19, another leader of Samsung Electronics admitted to being involved in the DRAM price fixing agreement and accepting the US Justice Department's penalty.
On April 19, another leader of Samsung Electronics admitted to being involved in the DRAM price fixing agreement and accepting the US Justice Department's penalty.
This is the latest survey by the US Department of Justice for global DRAM memory chip makers that have agreed with each other to keep DRAM prices at their best.
In addition to the jail sentence, Mr. Kim also had to pay $ 250,000 in proceedings for the investigation that is still ongoing.
The US government said that the agreement between firms not only greatly affected DRAM prices but also the price of other products such as PCs, servers, mobile phones, digital cameras and game consoles.
Up to now, the court has sentenced a total penalty of up to 730 million USD. 18 individuals and companies had to go to court.
Hoang Dung
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