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NXP Semiconductors targeted by South Korean antitrust probe into semiconductor sector

By Jenny Lee ( February 16, 2024, 08:28 GMT | Insight) -- NXP Semiconductors is under investigation by the South Korean competition watchdog for alleged anti-competitive practices, specifically for hindering its distributors from offering products at reduced prices. The investigation was initiated following a field search by the Korea Fair Trade Commission at the offices of NXP Korea, the local branch of the Dutch memory semiconductor manufacturer, in December last year, MLex was told.NXP Semiconductors is under investigation by the South Korean competition watchdog for alleged anti-competitive practices, specifically for hindering its distributors from offering products at reduced prices....

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