Last Updated: September 21, 2023, 13:13 IST
Broadcom makes elements for Samsung.
Broadcom’s long-term take care of Samsung has lately come underneath scrutiny, leading to a hefty wonderful of 19.1 billion received for unfair practices.
South Korea’s antitrust watchdog mentioned on Thursday it can tentatively wonderful Broadcom Inc and associates 19.1 billion received ($14.24 million) for forcing a long-term provide deal that was unilaterally disadvantageous to Samsung Electronics.
The nation’s Fair Trade Commission may also difficulty a corrective order to Broadcom, it mentioned in a press release.
A consultant of Broadcom couldn’t be instantly reached. Samsung declined remark.
(This story has been edited by News18 employees and is revealed from a syndicated news company feed – Reuters)
Source web site: www.news18.com