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back to article Qualcomm pleads innocence as Chinese regulators turn the screw

Mobile CPU giant Qualcomm has released a lengthy statement denying any wrong-doing after Chinese media claimed regulators have “substantial evidence” in an anti-monopoly investigation which could lead to over $US1bn in fines for the firm. Qualcomm revealed at the end of November that China’s National Development and Reform …

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It's a bit rich for a single party socialist state to start lecturing companies on monopolistic practices.

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Unhappy

Nice One!

Totally agree, still it will not stop a mad bull rush!

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Creating dependency?

"Qualcomm continued by arguing that thanks to its chips Chinese companies have grown to become “among the top manufacturers in the mobile industry”.

Reads like a dope dependency strategy.

The new Intel?

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Re: Creating dependency?

Socialists have a hard time differentiating between "Robust Competition" and "Monopolistic Practices".

As evidenced by Neelie Croes.

The European Intel fine is still subject to appeal, BTW.

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No sympathy

I have the same respect and admiration for Qualcomm as I do for Oracle. And I wish them both well...

(OK, seriously why do we still have no irony icon?)

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