How's it dumping below cost when hey can simply sell for 100% margins instead of western makers selling for 400%.
If they didn’t have a documented history of running cartel price fixing schemes for LCD/OLED display tech, NAND, and DRAM, I’d maybe agree with you but we have the history. They cry every time about China ‘dumping’ for not going along with the racket.
If they kept the price low they could still afford to make RAM.