In the past, research institutions and industry chain professionals have repeatedly predicted that global DRAM (Dynamic Random Access Memory) contract prices will increase in both the first and second quarters of this year, and the increase in the second quarter will be higher than that in the first quarter.
With the increase in DRAM contract prices, Samsung Electronics, SK Hynix, and Micron Technology will become the three major DRAM manufacturers that will benefit. However, these companies seem to be in trouble at the moment because they have been sued by a US law firm for profiting by manipulating DRAM prices.
According to the report, the US legal agency Hagens Berman accused Samsung Electronics, SK Hynix, and Micron Technology of manipulating the DRAM market. They filed a class-action lawsuit in the Federal District Court of Northern California.
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In addition, the law firm claimed (page 147) that the price of DRAM dropped sharply due to fierce competition, but Samsung Electronics, SK Hynix, and Micron Technology reduced the production and supply of DRAM in 2016, resulting in an increase in the price of DRAM Many benefits.
Hagens Berman sued Samsung Electronics, SK Hynix, and Micron Technology on behalf of American consumers who bought smartphones and PCs in 2016 and 2017. The company believes that these companies are responsible for the price increase of more than 130% during the same period.
Since then, the profits of these major manufacturers have doubled, while at the same time, American consumers have paid a higher price for this.
