Memory Chips
However, the Chinese National Development and Reform Commission (NDRC) suspects that things are not all right here. Because the state regulators have initiated an investigation of the three market participants. The news agency Reuters, citing the daily China Daily, has reported price developments over the past 18 months as unusual.
“We have noticed a price increase and will pay more attention to future problems that may have arisen from price fixing in this sector,” said NDRC employee Xu Xinyu. However, at the moment it is still too early to get information on any penalties, the regulators did not want to comment on that.
Also Read: Alcatel 3C Leak: A Cheap Phone With 18:9 Display
DRAM price agreements are anything but unusual, on the contrary, they have a long tradition: The US Department of Justice has already investigated in 2002 overpriced prices, previously US manufacturers such as Dell and Gateway had complained that DRAM prices have been driven up artificially. As a result of this scandal, the manufacturers Hynix, Infineon, Micron Technology, Samsung, and Elpida had pleaded guilty.
