Yet another cartel?
Is this the formation of a new cartel like the one that Samsung was involved in the early 00s - price fixing on DRAM? Let's hope not.
Then again if you cannot compete you cant always collude and price fix.
Intel CEO Pat Gelsinger and Samsung Electronics boss Lee Jae-yong met on Monday in South Korea and “discussed how to cooperate between the two companies." That quote comes from Samsung, which also let the world know the two leaders talked about next-generation memory chips, silicon for PCs and mobile devices, fabless chip …