S.Korea’s antitrust watchdog fines Broadcom for unfair supply deal to Samsung Electronics
By
Binu Mathew
South Korea’s antitrust watchdog said on September 21, it will tentatively fine Broadcom Inc and affiliates 19.1 billion won ($14.24 million) for forcing a long-term supply deal that was unilaterally disadvantageous to Samsung Electronics.
The country’s Fair Trade Commission will also issue a corrective order to Broadcom, it said in a statement.
A representative of Broadcom could not be immediately reached. Samsung declined comment.