July 15, 2005 |
Rambus Inc. said second-quarter profit fell 36% because of higher legal costs racked up as the memory chip designer sued rivals to protect its patents. Net income fell to $5.36 million, or 5 cents a share, from $8.32 million, or 8 cents, a year earlier. Sales jumped 14% to $40 million. Los Altos, Calif.-based Rambus sued Samsung Electronics Co. for alleged license infringement June 6, adding a new case to legal battles with Hynix Semiconductor Inc. and Micron Technology Inc.
October 7, 2003 |
The Supreme Court on Monday cleared the way for Rambus Inc., a maker of computer chip interface technology, to proceed with its patent-infringement lawsuit against Infineon Technologies and take its case to a jury. The justices rejected Infineon's bid to end the suit and reinstate a jury finding that Rambus committed fraud while pursuing patents for high-speed chips that became an industry standard. Los Altos, Calif.
May 3, 2002 |
Worldwide computer chip sales fell 25% in March from a year ago, the smallest decline since last June, thanks to a resumption of sales to personal computer makers. But compared with February, chip sales rose 7.2%, the highest month-to-month increase in 16 years. Sales totaled $10.75 billion in March, down from $14.41 billion in March 2001 but up from $10.03 billion in February, the Semiconductor Industry Assn. said Thursday. Chip makers such as Intel Corp., Texas Instruments Inc.
March 27, 2008 |
Rambus Inc. scored a key victory Wednesday in its nearly decade-old fight with memory chip makers when a jury found that the company did not engage in monopolistic behavior by patenting technologies that eventually became standard in memory chips. Shares of the Los Altos, Calif.-based company shot up $7.25, or nearly 39%, to $25.86 during regular-session trading on the news. They gained an additional $1.02 after hours.
January 3, 2002 |
Hynix Semiconductor Inc., the third-largest maker of computer memory chips, said Wednesday that it raised prices for the third time in less than a month as demand improved, providing hope that a steep industry sales downturn may have finally bottomed out. The news had an immediate effect on the shares of Hynix competitors, all of which posted strong gains Wednesday. Hynix raised long-term contract prices for memory chips by 30%, spokeswoman Kang In Young said. She didn't provide more details.
May 23, 2007 |
Intel Corp. and STMicroelectronics are unloading troubled divisions that make a type of flash memory used primarily in cellphones. The chip makers and private equity firm Francisco Partners said Tuesday that they would form a company that would buy the assets of Intel's and STMicro's NOR flash businesses. It promises to placate skittish investors concerned about the fading fortunes of NOR flash memory. Overall revenue for the chips was $8.
December 5, 2006 |
NEC Electronics America Inc. and Elpida Memory Inc. agreed to pay a total of $50.7 million to resolve lawsuits claiming they conspired to fix prices of computer memory chips. The agreements settled private antitrust lawsuits filed over sales of dynamic random access memory, or DRAM, chips in the U.S. from 1999 to 2002, according to papers filed Friday in federal court in San Francisco.
December 31, 2003 |
Shares of Rambus Inc., which sells computer memory chip designs, rose 12% on Tuesday after analysts said competitor Micron Technology Inc. may have to pay the company to settle potential price-fixing charges. People familiar with the probe said Monday that Micron, as part of a deal to win amnesty from prosecution by the Justice Department, may admit it conspired with rivals to manipulate chip prices. An agreement could help Los Altos, Calif.-based Rambus, said Erach Desai, an American Technology Research analyst.
May 11, 2005 |
The U.S. Justice Department's top antitrust official said Tuesday that he would resign next month, leaving key decisions -- including two pending phone company mergers -- for a successor. As assistant attorney general in charge of federal antitrust enforcement for more than two years, R. Hewitt Pate emphasized criminal prosecution of companies and executives accused of price fixing and other illegal behavior rather than pursuit of lawsuits over monopolistic behavior. Atty. Gen. Alberto R.
July 14, 2006 |
New York's attorney general sued leading makers of memory chips Thursday, claiming that they made secret price-fixing arrangements that inflated the cost of personal computers and other electronic devices. More than 30 other states were expected to file a separate lawsuit today in U.S. District Court in San Francisco, California Atty. Gen. Bill Lockyer said.