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Report: Korean FTC could investigate Apple-Samsung

Antitrust regulator Chul-kyu has said that his agency could look into allegations that Samsung sold the memory chips to Apple at below-market rates.

by Ina Fried

Korea's top antitrust regulator reportedly said on a local radio show that authorities there may look into whether Apple's purchase of flash memory from Samsung Electronics may have violated any of that country's competition laws.

According to a report by Yonhap News, Korean Fair Trade Commission (FTC) Chairman Kang Chul-kyu said that his agency could look into allegations that Samsung sold the memory chips to Apple at below-market rates.

Apple reportedly grabbed a significant share of Samsung's flash capacity in order to introduce its new iPod Nano. Analysts also speculate the computer maker got a significant discount from Samsung in order to hit the Nano's $199 and $249 prices.

An Apple representative did not immediately have a comment on the report.

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