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Samsung was investigated by Chinese anti-monopoly officials Official: Inquiries

via:快科技     time:2018/6/3 23:31:11     readed:438

The person also said: "China's Samsung is in the middle of an inquiry."

At the end of 2017, due to the shortage of memory and rising prices, Chinese mobile phone manufacturers reported Samsung Electronics to the National Development and Reform Commission. The National Development and Reform Commission immediately launched an investigation and interviewed Samsung Electronics' China market leader.

In May of this year, the Chinese anti-trust agency interviewed Mei Guang and investigated whether Samsung Electronics, SK Hynix, and Micron jointly used DRAM prices.

According to industry sources,For two years from now in 2016, DRAM prices have been rising, obviously not in line with market rules, and there are obvious signs of manipulation.

Samsung, SK Hynix, and Micron have monopolized 96% of the global DRAM market. In 2017, the revenues of the three companies in China were respectively 25.386 billion U.S. dollars, 8.908 billion U.S. dollars and 10.38 billion U.S. dollars, totaling 44.68 billion U.S. dollars, and the annual growth rate was nearly 40%.

If there are indeed price monopoly behaviors in the three DRAM makers, according to the “Anti-Monopoly Law” and “Anti-price Monopoly Regulations”, the penalties for 2016-2017 sales will be fined up to 8 billion US dollars.

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