alt Hacker NewsThe Big 3 (Samsung, Hynix, Micron) have been playing this game for 30+ years. There used to be many more DRAM companies but most of them went bankrupt when DRAM was cheap because the big 3 will intentionally drive the price down to bankrupt the competition. Now that they have a tri-opoly, they're milking the profits. New competition will emerge but they don't have the capital of the big 3 so they likely won't survive the next DRAM winter.
Replies
> The Big 3 (Samsung, Hynix, Micron) have been playing this game for 30+ years. There used to be many more DRAM companies but most of them went bankrupt when DRAM was cheap because the big 3 will intentionally drive the price down to bankrupt the competition. Now that they have a tri-opoly, they're milking the profits.
Exactly this. Unfortunately, this strategy has become standard practice in every area of the economy and it's a huge corrupting force.
You seem to be adding a lot of intentionality to price swings that seem expected when supply is relatively fixed while demand fluctuates. (Maybe you’re right, but it’s not the simpler explanation.)