Former Elpida exec pleads guilty to DRAM price fixing

A former vice president of sales at Elpida Memory Inc. pleads guilty to DRAM price fixing.

A former executive at Elpida Memory will serve time in prison and pay a US$250,000 fine for participating in a global conspiracy to fix DRAM (dynamic RAM) prices, the U.S. Department of Justice (DOJ) announced Thursday.

D. James Sogas of Burlingame, California, has agreed to plead guilty to one felony charge of violating the U.S. Sherman Antitrust Act. The former vice president of sales at Elpida will serve a seven-month prison sentence if a San Francisco court approves the plea agreement.

Sogas has agreed to assist the DOJ in its ongoing investigation of the DRAM industry, the DOJ said.

The DOJ accused Sogas of conspiring with unnamed employees from other memory makers to fix the prices of DRAM sold to certain original equipment manufacturers from April 1, 2001, to June 15, 2002, and to coordinate bids on Sun Microsystems DRAM auctions held on Dec. 5, 2001, and March 26, 2002. The price-fixing scheme directly affected sales to several U.S. computer makers, including Dell., Hewlett-Packard, Apple Computer, and Gateway, the DOJ said.

"Price fixing will not be tolerated, and we will continue our efforts to bring to justice both domestic and foreign-based executives involved in the conspiracy to fix DRAM prices," Scott D. Hammond, the DOJ Antitrust Division's Deputy Assistant Attorney General for Criminal Enforcement, said in a statement.

Including Thursday's announcement, the DOJ has charged four companies and 17 people, and has secured fines totaling more than US$731 million, as a result of its ongoing antitrust investigation into price fixing in the DRAM industry. The US$731 million in criminal fines is the second-highest total obtained by the Department of Justice in a criminal antitrust investigation involving a specific industry.

Samsung, the world's largest DRAM manufacturer, pleaded guilty to the price-fixing conspiracy and was sentenced to pay a US$300 million criminal fine in November 2005. Hynix Semiconductor, the world's second-largest DRAM manufacturer, pleaded guilty and was sentenced to pay a US$185 million criminal fine in May 2005.

In January 2006, Elpida agreed to plead guilty and pay an US$84 million fine. In October 2004, German manufacturer Infineon Technologies AG pleaded guilty and was sentenced to pay a US$160 million fine.

DRAM is the most commonly used semiconductor memory product, used in PCs, laptops, printers, hard disk drives, mobile phones, digital cameras, video recorders, televisions and telecommunication hubs and routers. About US$25 billion worth of DRAM was sold worldwide in 2005, according to the DOJ.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Grant Gross

IDG News Service
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?