this post was submitted on 24 Jun 2026
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[–] sundray@lemmus.org 23 points 51 minutes ago (1 children)

Keep in mind, many of these same DRAM makers were once caught up in one of the largest illegal business cartels ever discovered by the U.S. government over 25 years ago. Just a fun fact to store in your brain.

😡

[–] DevDave@piefed.social 12 points 39 minutes ago* (last edited 34 minutes ago) (1 children)

Oh wow, reading the wiki you linked, looks like that one exec really learned their lesson \s

On 5 April 2006, Sun Woo Lee, Senior Manager of DRAM at Samsung Electronics, entered into a plea bargain with the US Government for his involvement in the price fixing conspiracy.[5] Following the plea agreement he was sentenced to 8 months in prison and fined US$250,000.[6] Lee was subsequently promoted to President of Samsung Germany in 2009, and then President of Samsung Europe in 2014

edit/update: Oh, wow so Sun Woo Lee actually really lucked out as Korea focused more on making an example of the Samsung heir apparent https://en.wikipedia.org/wiki/Lee_Jae-yong

8 months in prison sucks, I totally concede that. Yet literally the deal they made looks like they were asked "Would you take the fall and go to prison for 8 months and then get paid millions per year afterward?"

[–] Denvil@piefed.world 4 points 22 minutes ago (1 children)

Going to jail as a poor person means you lose your job

Going to jail as a rich person apparently gets you a promotion

Interesting

[–] DevDave@piefed.social 4 points 9 minutes ago

Doesn't the mob and other syndicates do something like that as well? Gotta do some time and not snitch to move up in the ranks.

[–] kescusay@lemmy.world 32 points 1 hour ago (1 children)

It's related to the AI bubble. The AI companies are trying to make it as difficult as possible to get a good PC, because they know they're cooked if the general public has access to systems that can run AI models locally, so they're buying everything up as fast as they can in the name of data centers that will never be built.

As soon as the first one fails, it's all over. Prices will tumble and memory makers will come crawling back to Valve (and other hardware makers) begging them to buy.

[–] boonhet@sopuli.xyz 5 points 24 minutes ago (1 children)

Let's not forget that almost all memory is made by a cartel of 3 companies known for price fixing. They're all being as slow as possible about increasing production capacity.

[–] Zoot@reddthat.com 1 points 2 minutes ago

Is that not for good reason though? Only for them really, but if they did ramp up production and then the bubble pops... I wish they would ramp up production, it's just easy to understand why they won't.

[–] Buffalox@lemmy.world 15 points 1 hour ago* (last edited 1 hour ago)

So maybe try to remember that after the AI bubble burst, and there is more RAM than customers, and it's the customer that sets the price.

RE: Memory Procurement Quote

Did I stutter?

RAM Don (he/him)
Memory Racket LLC