Feeds

Korea may probe Samsung, Hynix price-fix claims

Local Fair Trade Commission ponders move

Internet Security Threat Report 2014

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. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Will.i.am gets CUFFED as he announces his new wristjob, the PULS
It's got four KILOWATTS of something, apparently
Don't wait for that big iPad, order a NEXUS 9 instead, industry little bird says
Google said to debut next big slab, Android L ahead of Apple event
Netscape Navigator - the browser that started it all - turns 20
It was 20 years ago today, Marc Andreeesen taught the band to play
A drone of one's own: Reg buyers' guide for UAV fanciers
Hardware: Check. Software: Huh? Licence: Licence...?
Jaguar Sportbrake: The chicken tikka masala of van-sized posh cars
Indian-owned Jag's latest offering curries favour with us
iPhone 6 shunned by fanbois in Apple's GREAT FAIL of CHINA
Just 100 Beijing fanbois queue to pick up new mobe
The Apple launch AS IT HAPPENED: Totally SERIOUS coverage, not for haters
Fandroids, Windows Phone fringe-oids – you wouldn't understand
Here's your chance to buy an ancient, working APPLE ONE
Warning: Likely to cost a lot even for a Mac
Is living with Dolby Atmos worth the faff?
Subtle, naturalistic ambiance – perfect for Transformers 4
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.