Artificially manipulated prices | Samsung Hynix Micron and other accused of punishment will be punished

According to AppleInsider, companies such as Samsung, Hynix, and Micron suffered a class action lawsuit and were accused of conspiring to limit the supply of DRAM memory chips. The artificially controlled retail price remained high. This class action lawsuit is for all US consumers, provided that they purchased equipment using DRAM chips from July 1, 2016 to February 1, 2018.

Some lawyers said that despite the high demand for DRAM chips, However, the competition between Samsung, Hynix, and Micron can cause chip prices to decline. However, in fact, from Q1 2016 to Q3 2017, the DRAM chip sales of the three companies more than doubled, due to the artificial control of chip prices by the three companies. .

As of mid-2017, Samsung, Hynix, and Micron all accounted for 96% of the global DRAM chip market share.

Previously in 2006, a lawsuit against a DRAM chip maker was initiated. The US Department of Justice found Samsung conspiracy to manipulate the price of DRAM chips. Samsung, Hynix paid a total of 731 million US dollars in fines.

2016 GoodChinaBrand | ICP: 12011751 | China Exports