After China Settlement, Korea Now Eyeing Qualcomm
South Korea's Fair Trade Commission is weighing whether or not to investigate Qualcomm's business practices. Regulators there believe Qualcomm may have abused its position as the largest chipmaker to charge higher royalty rates for its patents. Qualcomm sells application processors and modems to smartphone manufacturers and generates the bulk of its money from royalty rates. Handset makers in Korea and other markets claim Qualcomm overcharges and China recently agreed. Earlier this week, Qualcomm agreed to pay Chinese regulators a fine of $975 million and change the way it calculates its royalty rates. Korean regulators want to know if Qualcomm violated its antitrust laws. Such an investigation could have a domino effect, causing more regulatory bodies to pay attention to Qualcomm's way of doing things. Qualcomm didn't comment on the situation.
Korea Blasts Qualcomm with $865M Fine
Qualcomm this week refuted accusations made by the Korea Fair Trade Commission that it has violated Korean antitrust laws. The KFTC says Qualcomm has abused its dominant position in the market with unfair and unnecessarily broad licensing practices for wireless technology and modems.
Qualcomm Settles with Chinese Anti-Monopoly Investigation
Qualcomm today said it has reached a resolution with China's National Development and Reform Commission (NDRC) over allegations that the chipmaker violated monopoly laws. First, Qualcomm has agreed to pay the NDRC a fine of approximately $975 million.
Qualcomm Partners Up with Chinese Makers for 14nm Chips
Qualcomm plans to form a joint venture with Semiconductor Manufacturing International in China to develop 14nm chips. China's Huawei and Belgium's Imec will also participate in the venture.
Apple Sues Qualcomm In China
Apple has filed a fresh lawsuit against Qualcomm, this time in China where it alleges Qualcomm abused its market position to score higher patent-licensing fees. Apple also said Qualcomm failed to honor its promise to license standard essential patents at fair rates, reports Reuters.
EU Initiates Two Antitrust Investigations Against Qualcomm
The European Commission has opened two separate investigations into Qualcomm's business practices to determine if the chipmaker is violating antitrust regulations. The first investigation is targeting Qualcomm's alleged offer of financial incentives to companies that ordered chips only from Qualcomm.
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