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China: Gov finds “massive evidence” in DRAM anti-monopoly probe

By  |  November 19, 2018
China: Gov finds “massive evidence” in DRAM anti-monopoly probe

The Financial Times reported Monday, November 19, that the Chinese government had found “massive evidence” of antitrust violations by DRAM the oligopoly. The China antitrust probe included South Korea’s Samsung Electronics and SK Hynix as well as US-based Micron Technology. Officials in Beijing said the investigation had made “important progress.”

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    In June it was revealed the Chinese government had launched a price-fixing investigation against the three semi-conductor suppliers, which supply billions of dollars’ worth of memory and flash chips to the China, and could impose billions of dollars in fines.

    The three suppliers, which control around 90% of the DRAM market, confirmed regulator visits to their Chinese offices at the time and deny any wrongdoing.

    Full Content: Financial Times
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