Why Qualcomm's $975M Fine Might Not Be All That Bad
Chip maker Qualcomm has agreed to pay China a $975 million fine, after the country's officials found it had violated an antitrust law.By Mikah Sargent | February 10, 2015
After an investigation lasting a little more than a year, Qualcomm — the company that builds the brains inside many of the world’s smartphones — is set to pay a $975 million fine in China for violating an antitrust law.
Chinese authorities determined Qualcomm failed to uphold the country's anti-monopoly law. The company must also change the way it handles patent fees — which are actually where Qualcomm profits most.