Subpoenas Being Handed Down for Flash Memory Price Fixing
Toshiba, like SanDisk, found a grand jury subpoena in their mail late last week. The allegations are related to flash memory NAND price fixing.
The probe comes from the highest level and considering the purchase of M-Systems by SanDisk along with the other big hitter of flash memory makers is Samsung, it’s very possible flash memory price fixing could have taken place.
Toshiba claims no wrong doing, but the filing implicates 23 other companies, who most likely source their NAND flash memory from SanDisk or Samsung, in the allegations.
At this time, the officials from Samsung were not available for comment.
Source: Ziff Davis News
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Kicking around in technology since 2002. I like to write about technology products and ideas, but at the consumer level understanding. Some tech, but not too techie.
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