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Violation Tracker Individual Record

Company: Hynix Semiconductor, Inc.
Current Parent Company: SK Hynix
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $49,971,842
Year: 2010
Date: June 24, 2010
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Six manufacturers of Dynamic Random Access Memory (DRAM) computer chips agreed to pay $173 million to settle multistate litigation alleging they conspired in an illegal global scheme to fix prices. The breakdown by company was not initially announced but later was reported in the court document linked below.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: semiconductors
Source of Data: (click here)
Link to Archived Court Document:  subscribe to see this data field
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.