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

7 monthes ago   |   By Beta News

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...
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Qualcomm forced to play fair with competitors after settlement with Taiwan regulator

Qualcomm forced to play fair with competitors after settlement with Taiwan regulator

7 monthes ago   |   By Phone Arena

Qualcomm and Taiwan's Fair Trade Commission agreed on new conditions to replace the $778 million fine that the regulator imposed on the chip manufacturer last year, as a result of an anti-trust case. The new fine equals to about $93 million, but don't think Qualcomm got a great deal, because there's more!
The company also promised funnel $700 million into Taiwan's economy over the next 5 years in the form of investments. Part of money will be used by Qualcomm to build new manufacturing plants in Taiwan, while another will be for subsidies for local universities and investments in 5G...
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