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Infineon Execs Plead Guilty to Price-Fixing

An anonymous reader writes "Executives at Infineon Technologies plead guilty to an international conspiracy to fix prices in the DRAM market. Heinrich Florian, Günter Hefner, Peter Schaefer and T. Rudd Corwin, executives for Infineon Technologies, had a felony filed against them yesterday in the U.S. District Court in San Francisco. Each executive could spend up to six months in prison and will have to pay a $250,000 fine. Under the plea agreement, they must also assist the government in its DRAM investigation. Infineon agreed in October to pay a $160 million fine for its role in the conspiracy, according to the Justice Department."

3 of 195 comments (clear)

  1. Re:YRO? by Taladar · · Score: 2, Funny

    Without memory chips your computer would have a hard time trying to go online, wouldn't it?

  2. Re:An honest question.. by arose · · Score: 4, Funny

    Isn't that a fine for the executive? Why not just use RIAA math and fine them $ 250 000 per sold ram stick?

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    Analogies don't equal equalities, they are merely somewhat analogous.
  3. How Dare They?!?!?!?! by DarkMantle · · Score: 3, Funny

    I'm outraged!!! I'm going to stop using Infenion RAM right now!

    **Pulls RAM Out**

    oops... shoulda shutdown first.

    --
    DarkMantle I been bored, so I started a blog.