Feeds

Intel fined $25m

More monopoly action

The essential guide to IT transformation

Intel has been fined $25m (26bn Won) by the South Korean Fair Trade commission for breaching fair trade rules.

The chipmaker was found guilty of offering unfair subsidies to Samsung and Trigem Computer Inc if they promised to only buy Intel chips and froze out rival AMD.

But Intel dismissed the charges. Bruce Sewell, Intel general counsel, said the company was disappointed and "completely disagreed" with the verdict. The company is considering appealing the decision. Sewell said he did not feel regulators took full account of the evidence the chip giant offered.

Intel faces similar accusations in Europe where the European Commission is investigating the company's relationship with retailers. Back in February Competition Commission officials raided Intel and Dixons Store Group offices in Germany and the UK looking for evidence of unfair practises.

New York's Attorney General Andrew Cuomo is also investigating Intel, as well as AMD, over how they price their chips and how their chip exclusivity agreements with partners work. ®

Boost IT visibility and business value

More from The Register

next story
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Apple's iWatch? They cannae do it ... they don't have the POWER
Analyst predicts fanbois will have to wait until next year
AMD unveils 'single purpose' graphics card for PC gamers and NO ONE else
Chip maker claims the Radeon R9 285 is 'best in its class'
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Apple to build WORLD'S BIGGEST iStore in Dubai
It's not the size of your shiny-shiny...
Just in case? Unverified 'supersize me' iPhone 6 pics in sneak leak peek
Is bigger necessarily better for the fruity firm's flagship phone?
Steve Jobs had BETTER BALLS than Atari, says Apple mouse designer
Xerox? Pff, not even in the same league as His Jobsiness
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?