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Hynix Semiconductor Inc

BUSINESS
October 7, 2003 | Terril Yue Jones, Times Staff Writer
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.
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BUSINESS
May 3, 2002 | From Bloomberg News
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.
BUSINESS
January 3, 2002 | From Bloomberg News
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.
BUSINESS
March 27, 2008 | From the Associated Press
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.
BUSINESS
April 25, 2006 | From Times Wire Services
Rambus Inc., a designer of high-speed computer-chip interfaces, won a $306.5-million jury verdict Monday in its patent-infringement lawsuit against South Korea's Hynix Semiconductor Inc., sending shares up 15.3%. Jurors in the monthlong trial decided that all 10 Rambus patent claims were valid. The patents involved dynamic random access memory technology, or DRAM, which increases the speed of memory in computer chips, along with related technologies.
BUSINESS
December 5, 2006 | From Bloomberg News
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.
BUSINESS
December 31, 2003 | From Bloomberg News
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.
BUSINESS
May 11, 2005 | Joseph Menn, Times Staff Writer
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.
BUSINESS
June 20, 2002 | ALEX PHAM, TIMES STAFF WRITER
The Justice Department has launched an antitrust investigation into whether semiconductor manufacturers manipulated prices in the $11.2-billion memory chip market. Federal investigators issued subpoenas to Micron Technology Inc., Samsung Electronics Co. and Infineon Technologies, the companies confirmed Wednesday. In addition, Hynix Semiconductor Inc. received a request from U.S. regulators for information, a South Korean news agency reported.
BUSINESS
May 1, 2002 | ALEX PHAM, TIMES STAFF WRITER
A bid by Micron Technology Inc. to become the world's largest computer memory maker fell apart Tuesday as the board of struggling Hynix Semiconductor Inc. rejected the $2.8-billion deal. Hynix Chief Executive Park Chong Sup, who negotiated the merger 11 days earlier, resigned in protest, and analysts predicted tough times for the company, with $6 billion in debt and an annual loss of nearly $4 billion.
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