Monday, September 17, 2007

Toshiba subpoenaed by US DOJ over flash memory business

Filed under:

Just over a week after two Samsung execs were arrested for fraud in Thailand, another flash memory leader is facing a bit of legal heat. Reportedly, Toshiba "said it had been subpoenaed by the US Department of Justice about its flash memory business in the key US market," which comes just after SanDisk admitted that it had "received grand jury subpoenas indicating a government probe into possible price-fixing in the NAND flash memory industry." Notably, a Toshiba spokesman only clarified that the subpoena was directed at the firm's US semiconductor sales unit (Toshiba America Electronic Components), but we've got a sneaking suspicion this won't be the last we hear on the matter.

[Thanks, Omar]


[via] Engadget

No comments: