Taiwan body fines Samsung for blasting local rival (Update)

Oct 24, 2013

Taiwan's Fair Trade Commission on Thursday fined the local unit of South Korea's Samsung Electronics Co. for undermining the reputation of Taiwanese mobile phone maker HTC Corp.

In a notice on its website, the consumer protection body said that Samsung had organized an Internet campaign in violation of fair trade rules to praise Samsung smartphones while slamming those of HTC.

The FTC set Samsung's fine at New Taiwan dollars 10 million ($340,000). It also leveled smaller fines on two Taiwanese trading companies it said were responsible for mounting the Internet campaign.

Earlier this year the FTC fined Samsung NT$300,000 for misleading advertising about the camera functions on its Galaxy Y Duos GT-S6102 phone.

The FTC action comes with HTC badly on the defensive amid disappointing sales for its once popular smartphones.

The company, which posted its first quarterly loss in the July-September period, has suffered a drop in its global handset market share from a high of 10.3 percent in the third quarter of 2011 to only 2.6 percent in the third quarter of 2013.

Explore further: Taiwan's HTC reports 83 percent drop in 2Q profit

5 /5 (2 votes)
add to favorites email to friend print save as pdf

Related Stories

Taiwan probes Samsung 'dirty tricks' vs HTC'

Apr 15, 2013

Taiwanese authorities said Monday they had launched an investigation into allegations that South Korean tech giant Samsung hired students to post malicious comments about local rival HTC online.

Samsung reports record-high profit for 3Q

Oct 04, 2013

Operating profit at Samsung Electronics hit another record high in the July-September quarter, likely driven by robust sales of its cheaper mid-range smartphones in developing countries.

Recommended for you

Cheaper wireless plans cut into AT&T 2Q profit

8 hours ago

(AP)—AT&T posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.

Android grabs more tablet market share

9 hours ago

Global sales of tablet computers edged higher in the second quarter, in the slowest growth since 2009, research firm Strategy Analytics said Wednesday.

Microsoft CEO sees 'bold' plan as 4Q tops Street

21 hours ago

(AP)—Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units—Nokia ...

Apple's fiscal 3Q earnings top analyst forecasts

Jul 22, 2014

Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.

User comments : 0