Samsung, Micron, SK Hynix hit with lawsuit over alleged DRAM supply cuts and price hikes
Major memory manufacturers face a US lawsuit alleging coordinated supply cuts to artificially inflate DRAM prices during the AI boom.Summary
Samsung, SK Hynix, and Micron are facing a class-action lawsuit in a California federal court
The lawsuit argues that instead of competing for market share during price spikes, the three dominant manufacturers coordinated
Plaintiffs are seeking triple damages, attorney fees, and court orders to halt these alleged anti-competitive practices. While the companies have not yet publicly responded, the lawsuit follows previous investigations into the industry, including a US Department of Justice probe that resulted in fines for Samsung and SK Hynix.
(Source：News9live)