Broadcom squeezed Samsung, now South Korea's squeezing back – hard
South Korea's Fair Trade Commission has sent Broadcom back to the drawing board, after finding it illegally tried to squeeze Samsung., Broadcom and Samsung were in talks for a long-term supply agreement when the American chipmaker demanded the Korean giant sign or it would suspend shipments and support services.
With the market for the components it needs tight, Samsung reportedly signed. Then, when a certain viral pandemic cruelled its business, the giant conglomerate found itself having to buy parts it didn't need. The chaebol estimates the deal cost it millions. Broadcom proposed a $15.5 million fund to stimulate South Korea's small semiconductor outfits, plus extra support for Samsung.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Samsung Galaxy S24 Ultra camera specs leak in full, and they don't impressIf you were hoping for new camera hardware on the Galaxy S24 Ultra, don't hold your breath
Read more »
Samsung's 83-inch OLED TV with LG panel could launch much sooner than expectedYou might not have that long to wait for Samsung's 83-inch OLED TV...
Read more »
Ex-Samsung executive alleged to have stolen tech to recreate chip plant in China\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »
Samsung Galaxy S23 FE battery certification reaffirms the phone's existenceFresh signs of life for those holding out hope for a Galaxy S23 FE
Read more »
Ex-Samsung exec accused of trying to clone chip fab in China65-year-old allegedly stole 'blueprints and designs' for manufacturing sub-30nm DRAM and NAND
Read more »
Even Samsung employees are reportedly disappointed by the Z Fold 5's 'boring design'Could this be more Z Fold 4s than Z Fold 5?
Read more »