Violation Tracker Individual Record

Company: 
Hynix Semiconductor Inc.
Current Parent Company: 
SK Holdings
Penalty: 
$185,000,000
Year: 
2005
Date: 
April 21, 2005
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Hynix Semiconductor Inc., a Korean manufacturer of dynamic random access memory (DRAM), agreed to plead guilty and to pay a $185 million fine for participating in an international conspiracy to fix prices in the multi-billion dollar DRAM market.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Antitrust Division
Civil or Criminal Case: 
criminal
HQ Country of Parent: 
South Korea
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
semiconductors
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.