News Articles

EC fines memory chip producers 331 million Euro for price cartel

The European Commission has announced a settlement decision in a cartel case that involved ten producers of DRAM memory chips. The fine, which totals €331,273,800 (around £286 million) includes a reduction of 10% for the companies' acknowledgement of the facts. The companies involved were Micron, Samsung, Hynix, Infineon, NEC, Hitachi, Mitsubishi, Toshiba, Elpida and Nanya. Micron was not fined because it revealed the existence of the cartel to the Commission in 2002. Only one of the companies – Infineon – was based in Europe but all sell their products in the European Economic Area (EEA) and must abide by EU law.

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$9 million more finance for Sonim Technologies

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A third of Samsung's 2010 smartphones to run bada OS

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Nokia and CE4A encourage the adoption of Terminal Mode specification for in-car entertainment systems

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Worldwide mobile sales up 17%... and smartphone sales up 49%

Gartner's latest report into worldwide mobile phone sales says end-users bought 314.7 million devices in the first quarter of 2010, 17% up on the same period in 2009. Smartphone sales rose 48.7% to 54.3 million units.

Hong Kong-based manufacturer G-Five made its debut in the top 10, while an increase in OEM 'white box' manufacturing has seen the 'others' category increase.

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