Sony is subpoenaed in SRAM probe
By Jim Carbone -- Purchasing, 11/1/2006 10:05:00 AM
Sony Corp. has confirmed that it has received a subpoena from the U.S. Department of Justice concerning an antitrust investigation of the static random access memory (SRAM) chip industry.
DOJ had issued similar subpoenas to SRAM makers Samsung, Mitsubishi, Toshiba and Cypress Semiconductor. The DOJ would not comment on the investigation other than to say it involved anti-competitive practices. Sony says it will cooperate with the DOJ. The SRAM investigation follows the Justice Department’s price fixing probe of the DRAM industry. A number of companies have pleaded guilty to charges they fixed DRAM prices and have been fined a total of about $730 million. In addition, executives of four of the companies have been fined and sentenced to prison. Sony has had a tough year so far. In addition to the SRAM investigation, five computer companies recalled laptop computes because of defective lithium-ion batteries made by Sony. In some cases the batteries have overheated and caught fire. Sony has also delayed the launch of its next generation PlayStation 3 console.
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