Samsung, Micron, and Hynix Reportedly Slapped with Colossal Antitrust Fines

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China’s Anti-Monopoly Bureau of Ministry of Commerce visited Samsung Electronics, SK Hynix, and Micron Know-how final yr to precise its considerations over the high costs of DRAM. Sadly, these conferences yielded no outcomes as DRAM costs continued to skyrocket within the first quarter of this yr. With their endurance exhausted, Chinese language antitrust regulators lastly launched an investigation into Samsung, Micron, and Hynix, which collectively owns 90% of the worldwide DRAM pie. The three DRAM distributors are allegedly cooperating with the Chinese language authorities to shed some gentle into the entire DRAM price fixing matter. If discovered responsible, they might face fines between $800 million to $8 billion. The estimated fines had been calculated primarily based on the businesses’ DRAM gross sales in China between 2016 and 2017.

Whether or not you consider in coincidence or not, Samsung, Micron, and Hynix have a protracted historical past of being companions in crime. The trio, alongside with Infineon and Elpida Reminiscence, conspired to repair costs on DRAM from April 1999 and June 2002. Infineon pleaded responsible in 2004 and was fined $160 million. Hynix cracked shortly afterwards and paid $185 million in fines. Elpida obtained off the hook straightforward with a $84 million positive, whereas Samsung took the largest hit paying as much as $300 million. Curiously, Infineon known as it quits shortly after the incident, and Micron later acquired Elpida. In different news, China goals to turn into self-sufficient within the IC division by supporting native producers like Yangtze Reminiscence Applied sciences (YMTC).


Source:
DigiTimes

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Source : TechPowerUp