Just days after getting slapped with a massive fine in China for violating antitrust regulations, Qualcomm is facing a similar investigation in South Korea.
According to Maeil Business Newspaper (link via Google Translate), South Korea’s Fair Trade Commission is currently looking at the business practices Qualcomm used to supply chips to smartphone makers including Samsung and LG. The newspaper reports that the San Diego-based semiconductor maker may have collected royalty payments for its patents, which is against antitrust laws.
If South Korean regulators up punishing Qualcomm, it won’t be the first time. In 2009, it fined the company $207 million for charging higher royalties to mobile phone makers that had also purchased modem chips from its competitors. At that time, it was the largest fine the Fair Trade Commission had ever levied against a company.
Earlier this week, Qualcomm was charged 6.088 billion yuan (about $975 million) by Chinese regulators after a year-and-a-half long antitrust investigation. In a statement, Qualcomm said it was
According to Maeil Business Newspaper (link via Google Translate), South Korea’s Fair Trade Commission is currently looking at the business practices Qualcomm used to supply chips to smartphone makers including Samsung and LG. The newspaper reports that the San Diego-based semiconductor maker may have collected royalty payments for its patents, which is against antitrust laws.
If South Korean regulators up punishing Qualcomm, it won’t be the first time. In 2009, it fined the company $207 million for charging higher royalties to mobile phone makers that had also purchased modem chips from its competitors. At that time, it was the largest fine the Fair Trade Commission had ever levied against a company.
Earlier this week, Qualcomm was charged 6.088 billion yuan (about $975 million) by Chinese regulators after a year-and-a-half long antitrust investigation. In a statement, Qualcomm said it was
Written by Unknown
We are Creative Blogger Theme Wavers which provides user friendly, effective and easy to use themes. Each support has free and providing HD support screen casting.
0 comments:
Post a Comment