Hynix execs get jail time, fines for DRAM conspiracy

March 3, 2006 – Four sales & marketing executives from Hynix Semiconductor have pleaded guilty and accepted jail times and fines for their roles in a DRAM price-fixing conspiracy, according to the US Justice Department. The execs — D.S. Kim, C.K. Chung, K.C. Suh, and C.Y. Choi — will serve between five and eight months in jail, and each pay a fine of $250,000.

Hynix is one of several DRAM manufacturers, including Samsung, Elpida, and Infineon, targeted by the DOJ’s investigation that has racked up more than $700 million in fines. Four Infineon executives received similar sentences and fines in late 2004.


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