Samsung Has Been a Naughty Boy
Associated Press are reporting that Samsung, the world’s biggest maker of memory chips and other gizmos is about to be fined $US300 million for one count of a criminal anti-trust offence. It is understood that the company has agreed to plead guilty to the charge and further charges involving individual officers of the company could follow.
The charge relates to memory chip price fixing between April 1999 and June 2002.