Feeds

Korea may probe Samsung, Hynix price-fix claims

Local Fair Trade Commission ponders move

Remote control for virtualized desktops

The South Korean government may be about to investigate claims that local memory makers Samsung and Hynix conspired to fix memory prices, a senior official from the nation's Fair Trade Commission has suggested.

The move follows the announcement this week that four Hynix executives have agreed to plead guilty to US Department of Justice charges that they colluded with others to fix DRAM prices in the US.

The DoJ has fined Samsung and Hynix $300m and $185m, respectively, for their parts in the cartel. Both companies have declared their guilt.

The question is, has there been an impact on the South Korean market, Hur Seon, secretary general of the Fair Trade Commission, said on a local radio show this week, Joong Ang Daily reports.

"If the case of price fixing by Hynix and Samsung Electronics affects the domestic market, they must be investigated," he said.

"We have to review the issue, but it is probable that the collusion between the two has affected the market."

The FTC is already investigating an alleged deal struck between Samsung and Apple to supply the iPod maker with NAND Flash chips for less than Samsung sells them to local customers. ®

Intelligent flash storage arrays

More from The Register

next story
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
Intel's LAME DUCK mobile chips gobbled by CASH COW
Chipzilla won't have money-losing mobe unit to kick about anymore
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
The hidden costs of self-signed SSL certificates
Exploring the true TCO for self-signed SSL certificates, including a side-by-side comparison of a self-signed architecture versus working with a third-party SSL vendor.