Feeds

Samsung, Toshiba join SanDisk in US antitrust probe

NAND flash market goes under the scope

Maximizing your infrastructure through virtualization

The US Justice Department is busy handing out more RSVPs to NAND flash memory makers, cordially inviting them to a new market-wide price fixing investigation.

On Friday, SanDisk revealed the company and its CEO, Eli Harari, received a grand jury subpoena from federal district court in regard to possible antitrust violations. SanDisk has now been joined by the Japanese electronics firm Toshiba and South Korea's Samsung in the investigation.

The DoJ, for its part, would only say it has launched a probe into the flash memory market and revealed little details. The investigation will likely examine the steep rise in NAND prices that occurred this spring.

SanDisk's US partner Toshiba also said on Friday that it received a subpoena. Samsung, the world's largest maker of memory chips, followed suit today, announcing it has received a similar how-do-you-do from the DoJ.

"Samsung will cooperate fully with the ongoing Department of Justice Antitrust Division investigation," it said in a brief statement. The company added that it is committed to ethical behavior — saying it runs a formal training program that stresses the importance of following acceptable business practices.

Hynix, the world's third largest NAND maker, said today it has not yet been contacted by US authorities about the investigation.

Over the last three years, the Department of Justice has secured price-fixing convictions for DRAM manufacturers such as Samsung, Elpida, Hynix and Infineon. Together, they have coughed up over $730m in fines. In October 2006, US authorities opened an investigation into the SRAM market.

The Canadian Competition Bureau has also opened up an antitrust investigation into flash suppliers. The bureau has asked SanDisk to preserve any records relevant to such an investigation. ®

US Department of Justice widens NAND flash memory probe

The unhappiest show on earth?

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
Carbon tax repeal won't see data centre operators cut prices
Rackspace says electricity isn't a major cost, Equinix promises 'no levy'
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.