Intel says likely to file appeal on S.Korea ruling

SEOUL, June 5 (Reuters) - World No.1 semiconductor maker Intel Corp (INTC.O) said on Thursday it would almost certainly file an appeal following a finding by South Korean regulators that it had abused its dominant position in the local market.

"We are disappointed by the decision and we think the KFTC (Korean Fair Trade Commission) has either misunderstood or just possibly chosen to ignore a great deal of the evidence that contradicts its findings," Bruce Sewell, Intel's general counsel, told Reuters by telephone.

The KFTC said on Thursday Intel had offered rebates to local PC makers in return for not buying microprocessors from rival Advanced Micro Devices (AMD.N).

The KFTC ordered Intel to stop offering those rebates and to pay a fine of about 26 billion won ($25.57 million), pending confirmation of revenue made by Intel as a result of the practice.

($1=1016.7 Won)

(Additional reporting by Ben Weller) (Reporting by Marie-France Han and Rhee So-eui; Editing by Keiron Henderson)