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Samsung Electronics, the world's largest maker of computer memory chips, pleaded guilty Wednesday to a charge it participated in a worldwide price-fixing conspiracy that damaged competition and raised PC prices.
Prosecutors said Samsung, which is based in Seoul, South Korea, and other companies conspired in e-mails, telephone calls and in-person meetings to fix the price of chips used in personal computers and other electronic devices.
The outcome of the investigation also is expected to help fuel a private antitrust case filed by Rambus Inc., which licensed a memory technology that had been embraced by Intel Corp., the world's largest maker of the microprocessor brains of computers.
In 1996, Intel chose Rambus technology to help speed up systems running its then-upcoming Pentium 4.
But the chip makers did not want to pay Rambus royalties. DRAM prices fell sharply - so much so that Intel agreed to support non-Rambus technology in the fall of 2001.
Shortly after that, DRAM prices nearly quadrupled.