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Samsung, SK Hynix and Micron sued in US over alleged DRAM price-fixing

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A class action lawsuit has been filed in California against Samsung, SK Hynix, and Micron, the three companies that collectively produce nearly all of the world's memory chips. The complaint accuses the trio of deliberately restricting the supply of DDR3 and DDR4 DRAM to drive up consumer prices. Plaintiffs allege the manufacturers shifted production focus toward high-bandwidth memory chips designed for AI applications, which command higher prices. This is reportedly the third time the same companies have faced legal action over similar price-fixing allegations.

Read the full story at Times of India

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Samsung, SK Hynix and Micron sued in US over alleged DRAM price-fixing · ShortSingh