Memory manufacturers sued in class action suit alleging price and supply fixing
Memory manufacturers Samsung, SK Hynix, and Micron are facing a class-action lawsuit alleging they fixed component prices and reduced supply. The suit claims the companies coordinated their exit from DDR3 and DDR4 RAM production to focus on high-bandwidth memory for AI data centers, leading to significant price increases. This alleged manipulation has impacted console manufacturers like Sony and Nintendo, who have cited memory shortages as a factor in recent hardware price hikes.
- Entities
- Company: Microsoft
- Company: Sony
- Company: Micron
- Company: SK Hynix
- Topic: Artificial Intelligence
- Topic: Semiconductor Industry
- Topic: Price Fixing
- Company: Io Interactive
- Company: Samsung
- Company: Nintendo
- Topic: Supply Chain
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