US DOJ investigates Mitsubishi's prior SRAM biz
By Darren Murph 
posted October 17th 2006 4:35PM
posted October 17th 2006 4:35PM
It's been several years since Mitsubishi bailed out of the crowded SRAM business, but apparently the US Department of Justice still has a bone to pick with the mega corporation. After handing off its SRAM operations to Renesas -- "a joint venture founded by Mitsubishi and Hitachi" in 2003 -- the firm had seemingly bypassed the barrage of DOJ inquisitions which pinned Samsung with a $300 million fine and led the Korean FTC to examine the uber-low NAND memory prices that only Apple seemed to be receiving. Now the anti-trust agency has tagged its third victim regarding the US SRAM market, but has yet to explain what issue(s) piqued their interest. Mitsubishi, however, is seemingly already hanging its head in shame, as it made statements insinuating that unforeseen penalties could be faced, and noted that the probe could lead to "a possible adverse affect on the company's future business performance." While we aren't exactly sure what skeletons may still be in Mitsu's closet, we've certainly been forewarned that potentially harmful discoveries could be imminent.
interesting article... but grammatically speaking, the word you want is "piqued," not "peaked."
Yes, it would be great if we could staunch the flow of interest-peaking.
Mitsubishi's statements are just ass-covering; they have to tell their investors that Something Bad Might Happen, because otherwise, if Something Bad Happens, and their investors lose money, they'll get sued by investors claiming they were too stupid to figure out that a DOJ investigation might be Bad.