Business · 4h ago
Samsung, SK Hynix, Micron Face US Lawsuit Over DRAM Price Fixing
A US class-action lawsuit accuses Samsung, SK Hynix, and Micron of conspiring to fix DRAM memory prices from 2016 to 2022. The complaint alleges the three companies controlled over 95% of the market and coordinated production cuts to inflate prices. Plaintiffs seek damages for overcharges on memory chips used in computers, servers, and smartphones.
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Price-fixing allegations in the memory chip market are nothing new, but this suit's scope—covering six years and nearly the entire DRAM supply—could force rare transparency into how the oligopoly sets prices.
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