Hardware FixRecommendedDevice not working? Your driver may be the problemCheck updates for common hardware issues.Fix DriversOctober DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsPC HealthRecommendedCrashes, freezes, slowdowns? Check your PC nowSpot repairable issues before they interrupt work.Check PC×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

What Happened in the DRAM Price-Fixing Lawsuit? 2006 Settlement Report

A 2006 report said Samsung, Infineon and Hynix agreed to civil settlements totaling a reported $160 million over alleged DRAM price fixing; later final approval is not documented in that account.
From TheFinanceBase Team2 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

In a 10 May 2006 report, EE Times said Samsung, Infineon and Hynix had agreed to civil settlements totaling a reported $160 million in a lawsuit alleging DRAM price fixing. The report described Samsung and Infineon’s settlements as preliminarily approved, while Hynix’s approval was still pending. It does not establish whether the settlements later received final approval.

What the DRAM lawsuit alleged

The civil class action, Internet Integration Inc. v. Micron Technology Inc. et al., alleged that major memory manufacturers fixed prices for dynamic random-access memory (DRAM) during 1999–2003. Consulting groups and other purchasers claimed they were injured by the alleged conduct. These were allegations in the civil case; the settlement figures reported in 2006 should not be read as a new court finding or as admissions beyond the stated settlement terms.

How much did the companies reportedly settle for?

EE Times reported the following civil settlement terms on 10 May 2006:

Company Reported civil settlement Status in the 10 May 2006 report
Samsung $67 million Preliminary approval had been granted by U.S. District Court Judge Phyllis J. Hamilton.
Infineon $20.75 million Preliminary approval had been granted by Judge Hamilton.
Hynix Expected $73 million A motion for preliminary approval was scheduled for 17 May; approval was not yet reported as granted.
Combined total Reported $160 million The article reported the combined civil settlement total; Hynix’s settlement was still awaiting a preliminary-approval motion.

The amounts are the civil settlement terms as reported at that time, not amounts that can be assumed to reflect later court orders or payment history. The 2006 article scheduled a final settlement hearing for Samsung and Infineon for 6 September, but does not document the later final orders. EE Times’ 10 May 2006 report is the cited account of the terms and procedural status.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

How the civil settlements differed from the DOJ criminal cases

The class action sought relief for purchasers; separate U.S. Department of Justice cases involved criminal enforcement. According to the same EE Times report, Samsung, Hynix and Infineon had pleaded guilty in related DOJ cases and received corporate criminal fines. The report gives these figures:

Company Reported DOJ corporate fine Reported timing
Samsung $300 million November 2005
Hynix $185 million April 2005
Infineon $160 million 2004

These criminal fines are separate from the civil settlement amounts above: the proceedings had different claimants and legal purposes. The 2006 report also said executives received fines and jail sentences of up to eight months. It described Micron as cooperating with the DOJ investigation and, at that time, not having been fined by the government. Those descriptions refer to the historical report, not a current status update.

Rank #2
Sale
The Psychology of Money: Timeless lessons on wealth, greed, and happiness
  • Ideal for Gifting
  • Ideal for a bookworm
  • Compact for travelling

Was the DRAM civil settlement finally approved?

The available account establishes preliminary approval for Samsung and Infineon and a scheduled preliminary-approval motion for Hynix. It also lists a scheduled final hearing for Samsung and Infineon. It does not document what happened at those later proceedings, so the final approval history for the settlements cannot be confirmed from this report alone.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Which other companies were mentioned?

Plaintiffs’ attorney Guido Saveri said: “Micron is outstanding. Elpida is outstanding. Nanya is outstanding. Winbond is outstanding. Mosel is outstanding. NEC is outstanding.” The quote appears in the 2006 account; it does not by itself establish that each named company was a defendant or settled in the civil case.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Quick Recap

SaleBestseller No. 1
SaleBestseller No. 2
The Psychology of Money: Timeless lessons on wealth, greed, and happiness
The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Ideal for Gifting; Ideal for a bookworm; Compact for travelling
$10.99
SaleBestseller No. 5
I Will Teach You to Be Rich: No Guilt. No Excuses. Just a 6-Week Program That Works (Second Edition)
I Will Teach You to Be Rich: No Guilt. No Excuses. Just a 6-Week Program That Works (Second Edition)
It can be a gift option; Comes with secure packaging; Helpful in various ways
$9.15
Best Value
Sale
I Will Teach You to Be Rich: No Guilt. No Excuses. Just a 6-Week Program That Works (Second Edition)
  • It can be a gift option
  • Comes with secure packaging
  • Helpful in various ways

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase07 MAR 2625 minWhat Is a 457 Plan?
  2. The Money DeskBlogTheFinanceBase07 MAR 2621 minTime Value of Money: What It Is and How It Works
  3. The Money DeskBlogTheFinanceBase07 MAR 2627 minAre You Living in One of These Top 10 Most Expensive Cities to Retire?
Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
PC Slower Than It Used to Be?Free scan - under a minute

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.