Memory Chip-Makers Targeted in Price-Fixing Suits

New York Attorney General Eliot Spitzer sued Samsung Electronics Co. and seven other memory-chip makers for conspiring to fix prices, claiming they added $1 billion to chip costs while driving up retail prices for personal computers and other electronics. The lawsuit, filed in Manhattan federal court, followed an announcement by California Attorney General Bill Lockyer that 34 states plan to seek "hundreds of millions of dollars" from seven of the same companies, including Infineon Technologies AG and Hynix Semiconductor, in a separate price fixing suit to be filed tomorrow in San Francisco federal court.

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