Qualcomm to make $700m investment in new Taiwanese antitrust settlement

Share this...Share on Google+Share on LinkedInTweet about this on TwitterShare on FacebookShare on RedditDigg thisEmail this to someone

Qualcomm has come to an arrangement with Taiwanese antitrust regulators which means the company can stop paying fines levied against it. The chipmaker had been fined $778 million by the Fair Trade Commission in Taiwan back in 2017 after it was found to be refusing to sell to handset makers that were unwilling to agree to its patent-licensing terms. As part of the new agreement, Qualcomm will invest $700 million in Taiwan over the next five years, including investments in 5G initiatives. See also: Trump blocks Broadcom’s takeover of Qualcomm, citing national security EU hits Google with record €4.34bn fine… …Continue reading on BetaNews

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>