Sun, Unisys sue Hynix for price-fixing
Cashback
Posted in Hardware, 5th September 2006 13:11 GMT
Sun and Unisys are going after South Korean memory chip maker Hynix for damages related to its role in a price-fixing cartel.
The US companies jointly filed a suit Friday in the US District Court in San Francisco claiming compensation for losses incurred in DRAM purchasing.
According to AP, Hynix spokesman Park Hyun yesterday said the manufacturer would seek an out-of-court settlement with Sun and Unisys.
Following an investigation which began in 2002, Hynix admitted price-fixing to the Department of Justice last year and agreed to pay a $185m fine. Samsung, Infineon and Elpida Memory were also fingered and copped fines in the scandal.
Park said: "The two US firms seem to be taking action to follow up on the ruling."
Hynix is the world's third biggest memory maker. In April it lost a patent case against Rambus and was ordered to pay $306.5m in compensation to its rival. ®
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