Printed from http://www.electronista.com

Korea clears flash memory makers of price fixing

updated 02:45 pm EST, Wed December 30, 2009

Korea FTC finds NAND producers innocent

Korea's Fair Trade Commission on Wednesday cleared four major memory producers of charges of price fixing. The regulators said their investigations, begun in January of 2007, found no evidence that the unnamed companies were colluding to keep flash and RAM prices high. Agency officials added that the closure of a US investigation in August also supported their decision to end the case.

Though the companies in question were kept secret, they included two Korean companies and one each from Japan and the US, leading many to suspect that those accused of fixing prices were Korea's native Hynix and Samsung as well as Toshiba and either Micron or SanDisk.

These and smaller companies have often denied skewing prices and have often claimed just the opposite, that their pricing has been pushed downwards through factors beyond their control; on average, oversupply or technological advancement has cut the price of memory in half each year. Unofficial rumors have even circulated that Apple abused its position by making companies overproduce memory and then buying a smaller quantity at a cheaper price.



By Electronista Staff
toggle

Comments

  1. Paul Huang

    Mac Enthusiast

    Joined: Sep 1999

    +1

    price-fixing can't beat price manipulation

    Supply and demand controlled much of the price fluctuation (as much as manufacturers wanted to control it; it didn't work).

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Linksys WRT1200AC Wi-Fi Router

Once upon a time, a brand-new Linksys router showed up on our doorstep. So we gathered some network-minded friends together, and hooke ...

Rapoo A300 Mini Bluetooth NFC Speaker

The Rapoo Bluetooth Mini NFC Speaker is a little metallic box about the size of a baseball. In spite of its small size, we were very p ...

Neurio Intelligent Home Monitor

The recently released Neurio Intelligent Home Monitor is a piece of hardware that, when integrated into a home's breaker box, monitors ...

Advertisement

toggle

Most Commented

 
toggle

Popular News