Litigation
Mar. 16, 2011
More Settlements in SRAM Suits
Samsung Electronics Co. and Cypress Semiconductor Corp. have agreed to pay $33.25 million and $6.25 million, respectively, to resolve direct purchasers' claims that the manufacturers fixed the price of Static Random Access Memory.
Daily Journal Staff Writer
SAN FRANCISCO - Samsung Electronics Co. agreed to pay $33.25 million to end a massive civil antitrust case in which direct purchasers claimed the company conspired with other manufacturers to fix the price of Static Random Access Memory.
The terms of the deal were revealed Friday in court documents. The agreement was reached last month on the eve of a trial in which the direct purchasers - companies ...
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