The Korea Fair Trade Commission (KFTC) announced its decision to initiate proceedings against US semiconductor giant Broadcom, following a review of the company’s application for consent resolution. Broadcom is accused of abusing its dominant market position by coercing Korean set-top box manufacturers into purchasing its products. In response, Broadcom has proactively proposed corrective measures to avoid potential sanctions.
Broadcom’s proposed measures include a commitment to refrain…
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https://www.communicationstoday.co.in/broadcom-proposes-13-billion-fund-to-support-korean-chip-industry/
