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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
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
May 23, 2007 | From the Associated Press
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.
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
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
April 23, 2002 | ALEX PHAM, TIMES STAFF WRITER
After a long and uncertain courtship, Micron Technology Inc. agreed Monday to acquire the bulk of South Korea's Hynix Semiconductor Inc. to create the world's largest maker of memory chips in a deal worth $3.6 billion in cash and stock. The union, which requires approval from antitrust regulators and the creditors of financially ailing Hynix, would create a juggernaut that would control one-third of the $11-billion global market for computer memory.
BUSINESS
February 7, 2005 | From Bloomberg News
Rambus Inc., a designer of high-speed computer memory chips, held annual "shred days" to destroy evidence related to its patent litigation plans and then tried to cover up its actions, a lawyer for Infineon Technologies alleged. Infineon wants U.S. District Judge Robert Payne to throw out a patent-infringement lawsuit Rambus filed against the German chip maker. The trial is set to begin Feb. 22 in Richmond, Va.
BUSINESS
July 14, 2006 | From the Associated Press
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.
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