RCPmag

Open Menu Open Menu


News

Justice Dept. To Probe SRAM Market

The U.S. Department of Justice's antitrust division has opened an investigation into the static random access memory market, communications chip-maker Cypress Semiconductor Corp. said Thursday.

SRAM memory is faster than dynamic random access memory, the most common type used in personal computers. SRAM is found in relatively small quantities in PCs, it's also used in disk drives, communications equipment and networking gear.

In a statement, Cypress said it will fully support the investigation.

A Justice Department spokeswoman could not immediately be reached to confirm the start of the investigation or comment on its scope.

A separate DOJ investigation into price-fixing among DRAM companies has so far resulted in more than a dozen charges against individuals and more than $731 million in fines against Samsung Electronics Co., Elpida Memory Inc., Infineon Technologies AG and Hynix Semiconductor Inc.

Cypress shares lost 78 cents, or more than 3.8 percent, to $19.34, in Thursday trading on the Nasdaq Stock Market.

Featured

  • The 2021 Microsoft Product Roadmap

    From Windows 10X to the next generation of Microsoft's application server products, here are the product milestones coming down the pipeline in 2021.

  • After High-Profile Attacks, Biden Calls for Better Software Security

    Recent high-profile security attacks have prompted the Biden administration to issue an executive order aiming to tighten software security practices across the board.

  • With Hybrid Networks on Rise, Microsoft Touts Zero Trust Security

    Hybrid networks, which combine use of cloud services with on-premises software, require a "zero trust" security approach, Microsoft said this week.

  • Feds Advise Orgs on How To Block Ransomware Amid Colonial Pipeline Attack

    A recent ransomware attack on a U.S. fuel pipeline company has put a spotlight on how "critical infrastructure" organizations can prevent similar attacks.

Most   Popular