Friday, October 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, LG Electronics are Lagging in Autonomous Car Race
TSMC Raises Forecasts for 2017 Due to 10nm Demand, Outlines 7 and 5nm Roadmap
Samsung Said to Have Placed Huge EUV Equipment Order From ASML
Samsung Launches the Ruggedized Galaxy Tab Active2 for Business
Intel Capital Announces $60 million of New Investments in Data-Focused Startups
Google Offers Bug Bounty for Mobile Apps
Nintendo Switch Update Brings Video Capture and More
Intel Health Application Platform Helps Health Care Providers Reduce Hospital Readmissions
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, October 11, 2017
Qualcomm Faces $774 Million Fine in Taiwan Over Antitrust Violations


Taiwan's Fair Trade Commission (FTC) plans to impose a fine of NT$23.4 billion (US$773.9 million) on Qualcomm for violating the Taiwan Fair Trade Act.

The FTC launched an investigation in February 2015 into whether the mobile phone technology and chipmaker's patent licensing arrangements violate the Taiwan Fair Trade Act.

The FTC examined other chipmakers and contract mobile phone makers, as well as upstream and downstream vendors in the mobile phone supply chain.

The Taiwanese regulator said Qualcomm has monopoly market status over key mobile phone standards and by not providing products to clients who don't agree with its conditions, the U.S. company is violating local laws. It said Taiwanese companies had purchased $30 billion worth of Qualcomm baseband chips.

"Qualcomm holds big number of standard essential patents in CDMA, WCDMA and LTE segments and is the dominant provider of CDMA, WCDMA and LTE baseband chips," the FTC said. "It abused its advantage in mobile communication standards, refused to license necessary patents."

Besides the fine, the Fair Trade Commission told Qualcomm to remove previously signed deals that force competitors to provide price, customer names, shipment, model name and other sensitive information as well as other clauses in its agreements.

"Qualcomm disagrees with the decision summarized in the TFTC's press release and intends to seek to stay any required behavioral measures and appeal the decision to the Taiwanese courts after receiving the TFTC's formal decision, which is expected in the next several weeks. The fine bears no rational relationship to the amount of Qualcomm's revenues or activities in Taiwan, and Qualcomm will appeal the amount of the fine and the method used to calculate it," Qualcomm said in a statement.

Regulators at the European Commission, as well as in China and South Korea, have all filed antitrust charges against Qualcomm, claiming that it has used anti-competitive methods to squeeze out rivals.

Two years ago, China's National Development and Reform Commission has also found that Qualcomm had violated its anti-monopoly law. The ruling includes a fine of 6.088 billion yuan (US$975 million) and imposes conditions on royalties charged on phones sold in China.

South Korea's antitrust regulator has also slapped a record 1.03 trillion won (US$853 million) fine on Qualcomm for violating antitrust laws.



Previous
Next
New Amazon Kindle Oasis is Waterproof, Features a 7-inch, 300 ppi Display        All News        New Toshiba TR200 3D NAND SSDs Offer an Affordable Alternative to Hard Disks
Facebook Introduces Oculus Go, an $199 VR Headset that Doesn't need Your Smartphone     General Computing News      Russians Used Kaspersky Antivirus for Hacks: reports

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm Debuts Snapdragon 636 Mobile Platform, X50 5G Modem For Mobiles
Qualcomm Tries to Ban iPhones From China with Legal Fight
Qualcomm Develops 5G NR mmWave Prototype to Accelerate Mobile Deployments for Smartphones
Judge Clears Apple to Sue Qualcomm
Qualcomm to Appeal Stay Denial to Korea Supreme Court
Qualcomm's Request to Suspend Antitrust Order in South Korea Rejected
Qualcomm Announces Cellular-V2X Solution to Support Automotive Road Safety
Qualcomm Announces Depth-Sensing Camera Technology Designed for Android Devices
ITC to Investigate Apple
Snapdragon Neural Processing Engine Now Available
Intel, Microsoft and Amazon Side with Apple in Qualcomm's iPhone Ban Dispute
Qualcomm Profit Forecast Disappoints Amid Apple Legal Battles

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .