December 4, 2004

DRAM Price Fixing

ComputerWeekly reports that Infineon executives have pleaded guilty to DRAM price fixing. The company is fined US$160 million and four executives face the possibility of jail time and fines. Some of you may recall when this investigation began in 2002. Basically, Infineon owns the intellectual property associated with DRAM technology. Since just about every computer used DRAM technology since the late 1990's, Infineon got a slice of that pie. But by fixing prices, they artificially drove prices up for consumers and business. The US $160 million fine doesn't seem so large when you read about the ProMOS settlement, however.

Posted by josuah at December 4, 2004 7:05 PM UTC+00:00