Violation Tracker Individual Record
Company:
Hynix Semiconductor Inc.
Current Parent Company:
SK Holdings
Penalty:
$185,000,000
Year:
2005
Date:
April 21, 2005
Offense Group:
competition-related offenses
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.