Technologies Three DRAM Makers Control 90% of Market — and a Lawsuit Where the Key Argument: They've Done It Before
# Collective Lawsuit Filed Against Samsung, SK Hynix, and Micron Over Memory Price Fixing
On June 25, a class action lawsuit was filed in federal court in California against Samsung, SK Hynix, and Micron. The 17 plaintiffs claim that the companies used the HBM boom as a cover for coordinated production cuts of standard DDR3/DDR4 memory — resulting in a 700% price increase over four years. While the allegations remain unproven, there is precedent: both Asian companies have previously admitted guilt in a 2005 price-fixing cartel.