LAWSUITS NEWS & LEGAL INFORMATION
Hynix Semiconductor Inc., Samsung Electronics Co. Ltd. and Infineon Technologies AG
This is a settlement for the Antitrust lawsuit.
An antitrust class action lawsuit was filed in the U.S. District Court for Northern California in San Francisco alleging the three memory-chip makers conspired to fix prices for dynamic random access memory. Hynix Semiconductor, Samsung and Infineon did not admit to any wrongdoing, but have agreed to pay a $161 million class action settlement. South Korea's Samsung will pay $67 million while Germany's Infineon will pay $20.8 million and Hynix Semiconductor has agreed to pay $73 million. (May-12-06)
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