China Started Antitrust Action against US ChipmakerAdded: Tuesday, January 14th, 2014
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Qualcomm is frustrated by the fact that the Chinese police are paying too much attention to the company. Its CEO admitted they has still hadn’t been told why China decided to launch antitrust action against Qualcomm.
Indeed, the local National Development and Reform Commission had started an antitrust probe into Qualcomm last November. The company admits that it wasn’t very unusual for governments in different countries to refuse to disclose reasons for their antitrust probes, and the chipmaker has willingly handed over requested documents to the Commission.
The Chinese authority has launched almost 20 pricing-related probes of domestic and foreign companies in the last 3 years, but a few weeks ago state media quoted the Commission saying it had “substantial evidence” against Qualcomm.
Some believe that the Chinese government may be trying to give Qualcomm a Chinese burn to let it have some leverage in royalty negotiations. Others think that the government wants to support local suppliers competing with Qualcomm. China is currently moving to 4G and Qualcomm is recognized as a world leader in the technology.
It is known that the Chinese government spent almost $3 billion to purchase local mobile chipmakers Spreadtrum Communications and RDA Microelectronics, which both have technology competing with Qualcomm’s. The company points out that China had a couple of chipset makers that just got bought by a state university, so there were all sorts of dynamics going on.
January 14th,2014Posted by:
Tuesday, January 14th, 2014
|China Started Antitrust Action against US bull ship maker|
and steve jobs online profile.
they are the biggest criminal industry and supported by the government... to fund the military.
|posted by (2014-01-15 00:16:45)|
|They are pissed because they cant steal their tech. China the two faced hypocrite speaks. LOL!|
|posted by (2014-01-15 00:48:57)|
|"they has still hadn’t been told"|
Oh, and LOL @ China....
|posted by (2014-01-15 04:09:03)|
|Ha!!! and they all cry "Hypocrisy".. as if they don't have hypocrites in their own countries...|
Bottomline is china can afford to do this, so suck on it!! LOL
|As always, governments our out for themselves, not the people they represent.|
|Let me propose a conspiracy theory: Qualcomm is connected to NSA, and now it has to take the $1billion fine on the chin. Lolz !!||
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