Qualcomm slapped with $975m fine by Chinese regulators

Chipmaker found to have abused its position as market leader

Qualcomm has accepted a mammoth $975 million fine for violating China's Anti-Monopoly Law (AML).

China's National Development and Reform Commission (NDRC) found the US chipmaker was using its dominant market position to charge customers "excessively high" licensing fees.

"Qualcomm refused to provide [a] patent list to its customers in China and out-of-date patents were included in the licensing package and charged," the NDRC said in a statement.

Advertisement - Article continues below

The chipmaker said it was disappointed with the results of the investigation, but will not appeal the fine. 

Qualcomm also confirmed it has submitted plans to amend various business practices in China, which the NDRC has approved.

"We are pleased that the resolution has removed the uncertainty surrounding our business in China, and we will now focus our full attention and resources on supporting our customers and partners in China and pursuing the many opportunities ahead," said Steve Mollenkopf, CEO of Qualcomm in a statement.

Qualcomm's Snapdragon range of chipsets are found in the majority of high-profile smartphones and tablets around the globe.

China is a critical market for Qualcomm, with the region accounting for approximately 50 per cent of its $26.5 billion revenue during the last fiscal year.

Featured Resources

The case for a marketing content hub

Transform your digital marketing to deliver customer expectations

Download now

Fast, flexible and compliant e-signatures for global businesses

Be at the forefront of digital transformation with electronic signatures

Download now

Why CEOS should care about the move to SAP S/4HANA

And how they can accelerate business value

Download now

IT faces new security challenges in the wake of COVID-19

Beat the crisis by learning how to secure your network

Download now



Qualcomm announces Snapdragon 768G 5G platform

11 May 2020

Most Popular

network attached storage (NAS)

Western Digital accused of sneaking inferior SMR tech into NAS drives

1 Jun 2020
data breaches

EasyJet faces class-action lawsuit over data breach

26 May 2020
Microsoft Windows

Microsoft warns users not to install Windows 10's May update

28 May 2020