The ruling by Italy's competition and markets authority is believed to be the first against the manufacturers following accusations of "planned obsolescence" to encourage the purchase of new phones.
"Apple and Samsung implemented dishonest commercial practices, [operating system updates] caused serious malfunctions and significantly reduced performance, thus accelerating phones' substitution". Samsung was fine after an investigation showed that the company released an update for the Galaxy Note 4 that was designed for the Galaxy Note 7, making the device sluggish.
Apple has apologised for its actions and cut battery replacement costs.
In December 2017, Apple admitted it slows down phones to extend their life and stop them from shutting down as batteries age and become less effective.
Explanations for the slowness range from Apple's iOS causing problems on older devices to the firm deliberately slowing down old phones to make people buy the new handsets.
It's hardly controversial for us to say we're against planned obsolescence.
This also stimulates demand for products because people return again and again. Apple's fine included a second penalty for allegedly not properly informing customers about the lithium batteries used in iPhones, including their average duration and deterioration factors and how customers should maintain and replace them to preserve a device's full functionality.
Apple and Samsung have been hit by hefty fines from the Autorità Garante della Concorrenza e del Mercato (AGCM), Italy's Competition Authority, over what it claims were unfair commercial practices created to force users to upgrade from perfectly functional previous-generation smartphones to shiny new devices unnecessarily.
Last year, Apple acknowledged issues with previous iPhone models and their battery performance after updating to the latest version. Thoughts? Let us know what you think in the comments section below and stay tuned.
Samsung, as well as Apple, both continue to deny any intentional wrongdoing. It said that older iPhones were slowed down through updates to prevent accidental shutdowns. Samsung can also easily shoulder a £4.4 million bill and continue with the same practices.