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Bad Memory
Thirty-three states have settled an antitrust case against computer chip makers who were accused of participating in a nationwide conspiracy to fix the price of computer memory chips known as Dynamic Random Access Memory, or DRAM, between 1998 and 2002.
The agreement, which must be approved by the federal district court in California, calls for the payment of $173 million by the settling companies over two years.
The defendants include:
- Infineon Technologies AG and Infineon Technologies North America Corp.
- Elpida Memory Inc. and Elpida Memory (USA) Inc.
- Renesas Electronics America Inc., formerly known as NEC Electronics America Inc.
- Mosel Vitelic Corp. and Mosel Vitelic Inc.
- Micron Technology Inc. and Micron Semiconductor Products Inc.
- Hynix Semiconductor Inc. and Hynix Semiconductor America Inc.
The settlement stems from a July 2006 suit.
More details on the settlement are available from the South Florida Business Journal.
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