WASHINGTON, D.C. - Hynix Semiconductor Inc., a Korean manufacturer of dynamic random access memory (DRAM), has agreed to plead guilty and to pay a $185 million fine for participating in an international conspiracy to fix prices in the multi-billion dollar DRAM market, the Department of Justice today announced. Hynix’s fine is the third-largest criminal antitrust fine in U.S. history and the largest in five years.Read the DOJ press release here.
Anyone with information concerning price-fixing in the DRAM industry should contact the San Francisco Field Office of the Antitrust Division at (415) 436-6660 or the San Francisco Division of the FBI at (415) 553-7400.
Hat tip to BennettMI of the Pinehurst Thread for the link.
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