antimonopoly
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Qualcomm will pay $975 million in anti-monopoly fines to China
It looks like Qualcomm has more troubles than just possibly losing Samsung as a customer: the firm is paying out nearly $975 million (over 6 billion Chinese yuan) in fines to the Chinese National Development and Reform Commission as a result of the NRDC's anti-monopoly investigation. Furthermore, Qualcomm has agreed to not contest China's legal decisions and has to give current OEM customers the chance to renegotiate their contracts in light of new, mandated price adjustments. Oh, as well as a few more concessions...
