Samsung, SK hynix, and Micron sued over alleged DRAM price fixing amid record memory costs — lawsuit claims coordinated HBM shift was cover to curtail DDR3 and DDR4 production

Samsung, SK hynix, and Micron were sued on June 25th in the U.S. District Court for the Northern District of California. The antitrust class action lawsuit alleges that these companies engaged in DRAM price fixing during a period of record memory costs. The legal claim asserts that a coordinated shift toward HBM served as a cover to intentionally curtail the production of DDR3 and DDR4, thereby manipulating market supply and inflating prices for consumers.