Amidst a lawsuit for RAM price fixing, Micron has signed manufacturing agreements with 16 of its clients that will ensure high memory costs for another five years
Micron has signed five-year manufacturing agreements with 16 clients, locking in high memory costs for another five years. This comes amidst a lawsuit accusing Micron, Samsung, and SK Hynix of price fixing by artificially limiting supply. CEO Sanjay Mehrotra stated these agreements ensure contracted supply assurance and robust gross margins for Micron.
- Entities
- Company: Micron
- Company: SK Hynix
- Topic: Memory Costs
- Topic: Price Fixing
- Company: Samsung
- Person: Sanjay Mehrotra
- Topic: Supply Chain
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