CULTURE

US Lawsuit Accuses Samsung, SK Hynix, and Micron of Price-Fixing Memory Chips

A new lawsuit alleges that Samsung, SK Hynix, and Micron engaged in a coordinated scheme to artificially fix RAM prices and control memory chip supply, allegedly worsening the ongoing memory crisis. The complaint claims the three major chipmakers coordinated their actions to manipulate the market.

First seen Jun 29 ago2 sources covering

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What we know

  • US lawsuit targets Samsung, SK Hynix, and Micron for alleged price-fixing of RAM and memory chips
  • Plaintiffs claim the three companies set up a coordinated scheme to control memory supply and pricing
  • The alleged collusion is said to have exacerbated the broader memory chip crisis affecting the industry