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AAPL Stock: 125.8 ( -2.9 )

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Samsung to pay $300M for price fixing, Apple a victim

updated 01:10 pm EDT, Thu October 13, 2005

Samsung to pay $300M

Federal officials today announced that Samsung and its U.S. subsidiary Samsung Semiconductor will plead guilty to by South Korea's government regarding Flash memory pricing, following reports of prefential pricing for flash memory for Apple's iPod nano.




by MacNN Staff

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  1. Peter Bonte

    Joined: Dec 1969

    0

    $

    Good news for Apple so Apple Stock down, yes?

  1. koolkid1976

    Joined: Dec 1969

    0

    re:$

    Nope, Apple stock up more than $4, but it's unrelated to this story. After a few idots sold their stock after Apple's financial results, a few smart people saw that it was a steal and jumped on board.

  1. ValkRaider

    Joined: Dec 1969

    0

    Memory

    Now if Apple could just "fix" prices on their memory. :)

    I wonder how much of their "profits" come from charging 3x market value for RAM upgrades?

  1. ShyGuy91284

    Joined: Dec 1969

    0

    South Korea's situation?

    Is it me, or did they do nothing wrong? With most manufacturers, you get cheaper prices in bulk. A few hundred memory chips is probably going to be consideribly cheaper then a few hundred bought seperately. I'd imagine a consumer buying 2/3 of a producer's stock or whatever Apple got would get a pretty good discount....

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