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Samsung to pay $300 million for price-fixing

By - Source: Tom's Hardware | B 0 comment

Samsung agreed to pay $300 million, the second-largest criminal antitrust fine in U.S. history, to settle charges it took part in a global scheme to fix the price of computer chips used in personal computers, mobile phones and other electronic devices.

South Korea-based Samsung, the world’s largest maker of computer memory chips, and its U.S. unit will plead guilty to conspiring to fix the prices for dynamic random access memory chips, a $7.7 billion market in the U.S. last year.

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