Ep0xi writes "Following on previous investigations into price fixing in the SRAM and DRAM memory market, the US Department of Justice has begun an antitrust investigation of the NAND flash-memory industry. ' Edwin Mok, a financial ****yst at Needham, added that the NAND market was competitive. Mok, who covers SanDisk, said he would be surprised if the company did anything wrong. 'I don't see a huge impact on the company or the stock," he said. SanDisk shares were up $1.30, or 2.6 percent, to $51.29 on Friday. But [another industry ****yst] said NAND prices showed an unusual 5 percent increase in the second quarter and are expected to climb an additional 8 percent in the third quarter, before declining again in the fourth quarter. Demand remains strong.' "
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DOJ To Open Price-Fixing Query Into NAND Memory Market
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