S.Korea's antitrust watchdog fines Broadcom for unfair supply deal to Samsung ElectronicsThe country's Fair Trade Commission will also issue a corrective order to Broadcom, it said in a statement.
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Broadcom makes a wide range of electronics, with its products going into everything from the iPhone to industrial equipment.
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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.