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Korean antitrust agency drops investigation on global Nand Flash makers


Thursday, December 31, 2009 South Korea's Fair Trade Commission (FTC) has closed a three-year investigation of NAND flash memory chip makers, saying it found no evidence in international price fixing.

The antitrust agency said it did not uncover any evidence of cartel activity that affected pricing and other terms in the local market, according to the reports.

The FTC's investigation was centered around four companies—two South Korean firms, one Japanese and one American. The South Korea firms investigated were almost certainly Samsung Electronics Co. Ltd. and Hynix Semiconductor Inc., the No. 1 and No. 3 ranked NAND suppliers, respectively.

Toshiba Corp., the No. 2 NAND flash supplier in the world, was the Japanese company investigated. The U.S. company involved was likely either Micron Technology Inc. or Intel Corp., which are currently fourth and fifth in the world, respectively, in NAND market share.

By: DocMemory
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