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 …

COMMENTS

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  1. returnmyjedi

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

    1. Richard Jones 1
      Unhappy

      Nice One!

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

  2. Alan Denman

    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?

    1. P0l0nium

      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.

  3. Metrognome

    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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