2023-09-25 01:43
Broadcom to appeal S. Korean regulator's fine over unfair deal to Samsung Electronics
regulator-BroadcomBroadcom to appeal S. Korean regulator's fine over unfair deal to Samsung ElectronicsBy Kang Yoon-seung SEOUL, Sept. 25 (Yonhap) -- U.S. wireless chipmaker Broadcom Inc. said Monday it plans to seek an appeal against the South Korean regulator's decision to slap a 19.1 billion-won (US$14.3 million) fine for its unfair business practices against Samsung Electronics Co. In a statement, Broadcom said it expresses "regret" over the Fair Trade Commission's (FTC) decision, noting it plans to appeal the case to the Seoul High Court.
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