Samsung, SK hynix, and Micron sued in US over alleged D-RAM price-fixing conspiracy
By
Park Yun-Seon
Summary
Samsung Electronics, SK hynix, and Micron have been sued in a California federal court by 14 individual consumers and three small businesses, including PC retailers, over alleged D-RAM price fixing. The plaintiffs claim the three companies, which dominate global D-RAM production, colluded on supply to drive prices up by 700% over four years — a phenomenon dubbed "chipflation" that has also contributed to Apple product price increases. The lawsuit seeks class-action status.
Source
Hacker NewsSamsung, SK hynix, and Micron sued in US over alleged D-RAM price-fixing conspiracyen.sedaily.comKey quotes
· 3 pulledThe plaintiffs alleged that the three companies, which produce most of the world's D-RAM, colluded on supply
With 'chipflation' intensifying recently—including Apple's product price increases—local consumers and small businesses have taken legal action
14 individual consumers and three small businesses including PC retailers filed the lawsuit in a California federal court on the 25th
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