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Thread: Bad Samsung! Bad!!

  1. 10-13-2005, 09:44 AM #1
    Butch
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    Bad Samsung! Bad!!

    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.
    I used to be into sadism, necrophilia and beastiality, but then I realized I was just beating a dead horse
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  2. 10-13-2005, 11:37 AM #2
    cheapchinese
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    so does it mean..... mem will drop in $???
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  3. 10-13-2005, 11:51 AM #3
    mcs328
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    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.
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  4. 10-13-2005, 12:10 PM #4
    Grimm
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    No, it's a fine, the government keeps it.
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  5. 10-13-2005, 12:21 PM #5
    Markel
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    Quote Originally Posted by cheapchinese
    so does it mean..... mem will drop in $???
    No. They will have to raise the price to cover the $300 Million fine.
    stay low... keep moving...
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  6. 10-13-2005, 12:25 PM #6
    cheapchinese
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    Quote Originally Posted by Markel
    No. They will have to raise the price to cover the $300 Million fine.
    son of a B~~~
    NO WAY~
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  7. 10-13-2005, 01:33 PM #7
    tupacboy
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    Quote Originally Posted by cheapchinese
    son of a B~~~
    NO WAY~

    sad but probably true...
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  8. 10-13-2005, 01:40 PM #8
    zippyjuan
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    That's what the tobacco companies have always done.
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  9. 10-13-2005, 03:54 PM #9
    kimchicowboy
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    Quote Originally Posted by zippyjuan
    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.
    "I pick my nose too but never eat it." - bachviet, 3/30/04

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  10. 10-13-2005, 04:27 PM #10
    apexbyte
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    Man..I hope memory prices don't move, I'm saving for more RAM right now. agh!
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  11. 10-13-2005, 05:32 PM #11
    Daversinger
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    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.
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  12. 10-13-2005, 06:27 PM #12
    attgig
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    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...101301795.html

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

    so, hopefully micron memory will be cheap.

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  13. 10-13-2005, 09:04 PM #13
    Bires
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    I bought 4 (mediocre) Kingston 512's on the great CCity rebates during August-all under $25 each.
    Five years...
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