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Samsung, Hynix Probed by Chinese Regulator Amid Chip-Price Rally

  • South Korean chipmakers say they are ‘cooperating’ with probe
  • Local media say China looking into alleged price rigging
Inside An Apple Inc. iPhone 6 Smartphone
Photographer: Brent Lewin/Bloomberg

Samsung Electronics Co. and SK Hynix Inc., two of the world’s biggest chipmakers, said they’re being investigated by China’s government after their U.S. rival Micron Technology Inc. received a similar visit from the country’s regulators.

Investigators from China’s regulatory agency visited Samsung’s Chinese sales offices on May 31, Suwon, South Korea-based company said in an emailed statement. “Samsung is cooperating with Chinese authorities.” Hynix, based in Icheon, South Korea, said separately it is cooperating.