In 2003, the company's SRAM business was spun off and transferred to Renesas Technology Corp., one of the Mitsubishi Electric's affiliated companies in which Mitsubishi Electric holds a 45 percent interest.

"We are unable to predict the impact these actions will have on the issues relating to this matter including but not limited to a possible adverse affect on our business performance in the future," according to the company.

Recently, two SRAM vendors — Cypress Semiconductor Inc. and Samsung Electronics Co. Ltd. — have been contacted about an investigation in the arena. The investigation is over alleged SRAM price-fixing practices