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China Hits Qualcomm With Hefty Antitrust Fine

2015-02-10 02:02:11| PC Magazine Cell Phones Product Guide

Chinese regulators fined Qualcomm $975 million and issued new terms for the chip maker to license its technology in the country.

Tags: china fine hits antitrust

 

Qualcomm to pay $975m fine to settle antitrust case in China

2015-02-10 01:00:00| Total Telecom industry news

U.S. company will also modify its business practices and lower patent rates as part of the agreement.

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Qualcomm fined CNY 6.1 bln in China competition case

2015-02-09 22:26:00| Telecompaper Headlines

(Telecompaper) Qualcomm has agreed to pay a fine of CNY 6.088 billion (USD 975 million) in order to put an end to a competition investigation in China. The US-based company confirmed that it had reached a resolution with China's National Development and Reform Commission (NDRC) regarding the NDRC's investigation of Qualcomm under China's Anti-Monopoly Law (AML). Qualcomm will not appeal the decision that it violated the AML and agreed to pay the fine as well as implement changes in its business practices in China.

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Qualcomm nears settlement in China competition case - report

2015-02-09 15:13:00| Telecompaper Headlines

(Telecompaper) Qualcomm is likely to pay China a record fine of around USD 1 billion, ending a 14-month investigation into anti-competitive practices, Reuters reports. The US-based chipmaker and the Chinese regulator made significant progress during talks in the past week and a settlement could be announced in the coming days, an unnamed source told the news agency. The deal may also see Qualcomm lower its royalty rates by around a third on patents used in China. China's National Development and Reform Commission (NDRC) will soon release a new antitrust settlement, said Xu Kunlin, the head of the agency's antitrust division, at a law conference 09 February, according to an article posted on the website of the official Securities Times. "Qualcomm will be fined several times the total amount the NDRC fined last year," he said. A Qualcomm spokeswoman declined to comment.

Tags: report case china competition

 

Samsung expected to manufacture 14nm chips for Qualcomm, Apple, possibly Nvidia in 2015

2015-02-04 19:41:06| Extremetech

Samsung's new 14nm process technology is winning the company converts and customers across the industry. Revenues are expected to skyrocket on the strength of new customer acquisitions.

Tags: expected samsung apple possibly

 

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