Samsung squirrels $100 million for DRAM cartel case
Samsung will put $100 million in a safe place in case the US government decides it is guilty of price fixing DRAM prices.
Samsung announced its decision to put the money aside at the end of trading in Seoul today.
Earlier this year, Infineon stumped up $160 million after it pleaded guilty to joining a cartel to set the price of DRAMs in the marketplace.
Read the complete story here. (The Inquirer)
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.