South Korean chip-design software suppliers fined for bid rigging

( November 15, 2026, 03:00 GMT | Official Statement) -- MLex Summary: Nine suppliers of semiconductor-design software have been fined a combined 206 million won ($154,595) by South Korea’s competition regulator for rigging bids for more than 20 years. The Korea Fair Trade Commission said Sunday that the companies, including Dahan Tech, Seloco and ED&C, agreed in advance on winners or bidding prices in 95 tenders issued by the Electronics and Telecommunications Research Institute and other buyers between February 2005 and October 2025. The tenders, mainly for electronic-design automation, or EDA, software, had a combined contract value of about 6.2 billion won. The companies won 91 of them. The statement is attached (in Korean)....

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