Xu Xinyu, director of Price Bureau of the NDRC, said: "We have noticed the soaring prices and will pay more attention to possible future price-induced problems in the industry." He also said there may be a number of companies working together to push as much as possible High chip prices, to maximize profits.
The 'super cycle' of the memory chip industry, triggered by tight supply and surging demand, pushed prices and monetization of chip makers such as Samsung Electronics and SK Hynix.