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Samsung preparing for DOJ chip probe

Published: Dec. 30, 2004 at 2:11 PM

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SEOUL, Dec. 30 (UPI) -- South Korea'S Samsung Electronics said Thursday it has put aside $100 million against possible fines from an U.S. antitrust investigation.

The electronics group is currently being investigated by the U.S. Department of Justice on allegations of price-fixing D-RAM memory chips.

The U.S. government has been investigating other chip makers worldwide since June 2002, and Germany's Infineon paid $160 million in fines after pleading guilty in September.

© 2004 United Press International, Inc. All Rights Reserved.

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