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Violation Tracker Individual Record

Company: Samsung Semiconductor, Inc. and Samsung Electronics Company, Ltd.
Current Parent CompanySamsung
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $90,000,000
Year: 2007
Date: February 6, 2007
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Samsung Semiconductor and Samsung Electronics agreed to pay $90 million to resolve multistate allegations that it and other major computer chip manufacturers fixed prices of Dynamic Random Access Memory (DRAM).
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.