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Samsung, SK hynix, And Micron Now Face A US Federal Class-Action Lawsuit For Colluding To Bring About A “RAMpocalypse”

Logos of Samsung, SK hynix, and Micron Technology displayed above a glass table against a city skyline backdrop.

Given the sheer scale of disruption emanating from the ongoing global memory ‘chipflation,’ it was only a matter of time before the so-called ‘Big Three’ – Samsung, SK hynix, and Micron – were dragged into a courtroom on allegations of collusion and price-fixing, as appears to have happened last week just as Apple cited soaring memory prices for implementing a slew of price hikes. A new lawsuit accuses Samsung, SK hynix, and Micron of using their coordinated “pivot” to HBM as an excuse to keep commodity DRAM production artificially low Samsung, SK hynix, and Micron were collectively sued on June […]

Read full article at https://wccftech.com/samsung-sk-hynix-and-micron-now-face-a-us-federal-class-action-lawsuit-for-colluding-to-bring-about-a-rampocalypse/