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Qualcomm loses its antitrust battle with China, will fork over $1 billion

2015-02-10 19:07:19| Semiconductors - Topix.net

In its desire to prop up its own state-run companies, such as Semiconductor Manufacturing International Corp. and Spreadtrum Communications, China launched antitrust claims against mobile chipmaker Qualcomm. According to a report by Reuters , the fruits of China's labor have grown as both parties reached a $1 billion settlement.

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Category:Electronics and Electrical

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