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Company: Samsung Electronics Company Ltd.
Current Parent Company:
Samsung Electronics
Parent at the Time of the Penalty Announcement:
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Penalty: $300,000,000
Year: 2005
Date: October 13, 2005
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: Samsung Electronics Company Ltd., a Korean manufacturer of dynamic random access memory (DRAM), and its U.S. subsidiary Samsung Semiconductor Inc. agreed to plead guilty and to pay a $300 million fine for participating in an international conspiracy to fix prices in the DRAM market.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
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: electronic devices
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
