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View Full Version : Bad Samsung! Bad!!


Butch
10-13-2005, 09:44 AM
WSJ has a breaking news note that Samsung is going to pay a fine of $300 million for their role in a scheme to fix the global price of memory chips.
cheapchinese
10-13-2005, 11:37 AM
so does it mean..... mem will drop in $???
:) :)
mcs328
10-13-2005, 11:51 AM
It means the lawyers get half a mil each and everyone fills out a form to split a penny 3 brazillion ways. I'm still waiting on my CD check...it was like 13 bucks or something.
Grimm
10-13-2005, 12:10 PM
No, it's a fine, the government keeps it.
Markel
10-13-2005, 12:21 PM
so does it mean..... mem will drop in $???
:) :)
No. They will have to raise the price to cover the $300 Million fine.
cheapchinese
10-13-2005, 12:25 PM
No. They will have to raise the price to cover the $300 Million fine.

son of a B~~~
NO WAY~ :(
tupacboy
10-13-2005, 01:33 PM
son of a B~~~
NO WAY~ :(


sad but probably true...
zippyjuan
10-13-2005, 01:40 PM
That's what the tobacco companies have always done.
kimchicowboy
10-13-2005, 03:54 PM
That's what the tobacco companies have always done.
i thought it was gov't taxes that raised prices? what do i know? i don't smoke. :P
apexbyte
10-13-2005, 04:27 PM
Man..I hope memory prices don't move, I'm saving for more RAM right now. agh!
Daversinger
10-13-2005, 05:32 PM
ha ha ha. other companies should keep their prices low, so that samsung gets what they deserve, and receive full and just punishment. but alas thats not how the economy works.
attgig
10-13-2005, 06:27 PM
except 2 other companies also got fined within the past couple years:
In October 2004 Germany's Infineon Technologies AG <IFXGn.DE> agreed to plead guilty and pay a $160 million fine in connection with the case. In May 2005 another South Korean manufacturer, Hynix Semiconductor Inc. <000660.KS>, agreed to pay $185 million.
http://www.washingtonpost.com/wp-dyn/content/article/2005/10/13/AR2005101301795.html

however.... america didn't fine the american company...micron....because they "cooperated".

so, hopefully micron memory will be cheap.
Bires
10-13-2005, 09:04 PM
I bought 4 (mediocre) Kingston 512's on the great CCity rebates during August-all under $25 each.