Chinese regulators have begun investigations into several foreign memory chipmakers following a price surge that has raised government concern.
Samsung, the Korean electronics company, said yesterday that investigators from the State Administration for Market Regulation had visited its Chinese sales offices at the end of last month. The company was “co-operating with Chinese authorities”, it said.
Micron, the US memory chip group, told Reuters on Friday it had also been visited by SAMR. Micron could not be reached for comment. Fresh investigations were first reported by The Wall Street Journal yesterday.
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