South Korea's Samsung Electronics Co. Ltd. said that its U.S. unit, Samsung Semiconductor Inc., decided to allot U.S. $100 million as provision against possible losses that may arise from the U.S. government's anti-trust investigation into the company.
The U.S. authorities launched a probe into an alleged price cartel among leading DRAM chip makers in June 2002, which led German chip producer Infineon to voluntarily pay a $160 million fine to settle the case in September 2004.
Samsung Electronics, South Korea's Hynix Semiconductor, Infineon, and Micron Technology of the U.S. together have more than 75 percent of the world's DRAM market. (XFN)
to Daily News