SK hynix Inc.
Approved Evidence
Added to Rotten Company: 9/17/2026
Conduct/Event period: April 1, 1999–June 15, 2002
Ongoing: No
Resolution status: Resolved
Resolution date: May 2005
Hynix agreed to plead guilty and pay $185 million over DRAM price fixing
Summary
The U.S. Department of Justice announced that Hynix Semiconductor Inc. (now SK hynix) agreed to plead guilty and pay a $185 million fine over a DRAM price-fixing conspiracy alleged to have run from April 1, 1999 through June 15, 2002. At announcement the agreement and fine remained subject to court approval. Direct DOJ source: https://www.justice.gov/archive/opa/pr/2005/April/05_at_207.htm Subsequent DOJ account confirms Hynix pleaded guilty and was sentenced in May 2005: https://www.justice.gov/archive/atr/public/press_releases/2006/219102.htm
Evidence Weight
99.02
Severity: medium
Recency Weight: 99.02110096901319
File Weight: 1