Prosecutors have launched an investigation into allegations of price-fixing involving key semiconductor material suppliers for Samsung Electronics and SK Hynix.
According to legal sources on May 29, the Seoul Central District Prosecutors' Office's Criminal Proceeds Recovery Department, led by Chief Prosecutor So Jung-soo, began raiding MK Electronics, LT Metal, and Duksan Hi-Metal on May 28 for suspected violations of fair trade laws.
The prosecutors suspect that these companies coordinated prices and supply volumes for bonding wires and core solder balls used in semiconductor manufacturing. The raids reportedly included searches of corporate offices and the residences of executives.
These suppliers provide essential materials to major domestic semiconductor manufacturers, including Samsung Electronics and SK Hynix. Prosecutors are examining whether there was collusion in the process of raising or adjusting product prices.
Bonding wires and core solder balls are critical materials used in semiconductor packaging processes. Once the analysis of the seized materials is complete, prosecutors plan to summon relevant individuals to investigate the extent and nature of the alleged collusion.
* This article has been translated by AI.
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