Home  >  Article  >  Technology peripherals  >  U.S. chip giant Broadcom was fined 19.1 billion won by South Korea's antitrust agency for forcing Samsung to sign unfair agreements

U.S. chip giant Broadcom was fined 19.1 billion won by South Korea's antitrust agency for forcing Samsung to sign unfair agreements

WBOY
WBOYforward
2023-09-21 19:29:041330browse

News from this site, South Korea’s antitrust agency imposed a fine of 19.1 billion won on the American chip giant Broadcom. According to the Korea Times, after a four-year investigation, South Korea’s antitrust agency found that Broadcom used its dominant position in the market to engage in unfair business practices against Samsung Electronics

美国芯片巨头博通因迫使三星签订不公平协议而被韩国反垄断机构罚款 191 亿韩元

It is reported that Broadcom used illegal means to force Samsung Electronics to sign a long-term smartphone parts purchase agreement. In 2020, Broadcom cut off product supply and technical support to Samsung Electronics, and Samsung Electronics had to sign this long-term agreement that was not good for itself.

美国芯片巨头博通因迫使三星签订不公平协议而被韩国反垄断机构罚款 191 亿韩元

#According to this agreement, Broadcom requires Samsung Electronics to purchase from it an annual value of US$760 million from 2021 to 2023 (currently approximately 5.548 billion yuan) RMB) smartphone parts. If the purchase amount is less than US$760 million, Samsung Electronics will also need to pay the difference to Broadcom. The purpose of the agreement is to prevent Samsung Electronics from purchasing components from cheaper suppliers such as Qorvo and Qualcomm. However, this agreement ended in August 2021. The Korea Fair Trade Commission (KFTC) rejected Broadcom’s proposal to voluntarily correct its unfair business practices, supporting Samsung Electronics A company with an overwhelming market share in the performance mobile device parts market, (the company) used unfair means, including suspending order approval, shipments and technical support, to force Samsung Electronics to sign a long-term agreement.”

Advertisement Statement: The external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles on this site include this statement .

The above is the detailed content of U.S. chip giant Broadcom was fined 19.1 billion won by South Korea's antitrust agency for forcing Samsung to sign unfair agreements. For more information, please follow other related articles on the PHP Chinese website!

Statement:
This article is reproduced at:ithome.com. If there is any infringement, please contact admin@php.cn delete