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Two Samsung Electronics executives and an American executive with a Hynix Semiconductor U.S. subsidiary have been indicted on charges of fixing semiconductor prices in 2001 and 2002, the U.S. Justice Department said Wednesday.
In a statement, the department said a federal grand jury in San Francisco has indicted the former vice presidents of Samsung's semiconductor business Kim Il-ung and Rha Young-bae and former senior vice president of memory sales and marketing for Hynix America Gary Swanson for conspiracy to fix prices for DRAM chips used in personal computers, servers, mobile phones and cameras.
Earlier this year, four Hynix and four Samsung Electronics executives pleaded guilty in the case and agreed to fines and jail terms ranging from five to eight months. The DRAM price-fixing conspiracy, which also involved Infineon Technologies and Micron Technology, has seen 16 indicted so far and a total of US$731 million fines imposed on them and their employers.
(englishnews@chosun.com )
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