Hynix is fined $185m for role in chip plot

By Stephanie Kirchgaessner and Edward Alden in Washington
April 22 2005

Hynix, the world's second biggest semiconductor maker, agreed on Thursday to pay a $185m fine for its role in what the US Justice Department said was an international conspiracy to fix the price of chips used in everything from computers to electronic games.

The fine on the Korean company is the third biggest in a US antitrust investigation. It follows a $160m penalty agreed in 2004 by Infineon, the German maker of dynamic random access memory (D-Ram) chips.

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-- MDT