Samsung, hynix and micron accused in china of fixing prices in the dram

The Chinese State Administration for Market Regulation has been conducting an antitrust investigation of the global DRAM market. According to an interview by Wu Zenghou (head of the office) in the Financial Times, this process has found "massive evidence" against the companies Samsung, Hynix and Micron, responsible for the vast majority of this segment.

Chia found evidence against Samsung, Hynix and Micron for DRAM pricing

"The antitrust investigation of these three companies has made important advances, " says the researcher. Last April, these three companies were hit with a price-fixing lawsuit on the same matter in the US, and this investigation appears to confirm these reports.

There is even an older precedent, as Samsung and Hynix were both fined by the US Department of Justice. in 2005 as by the European Commission in 2010 on charges of pricing. The charges are now similar, and if the companies are found guilty, they could face fines of more than $ 2.5 billion.

Some analysts suggest this investigation could be part of the China-U.S. Trade war, with the former trying to gain some advantage that pushes Chinese semiconductor company Fujian Jinhua Integrated Circuit as a bigger player in this market. One that, incidentally, is being investigated on allegations of misappropriation of Micron's trade secrets. Samsung and SK Hynix for industrial espionage.

Be that as it may, it seems that pricing remains commonplace among large companies to get more out of buyers and accommodate their financial results, something that should be harshly penalized.

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