Qualcomm forced to play fair with competitors after settlement with Taiwan regulator


Tech / Phonearena 5 Views 0

Qualcomm and Taiwan’s Fair Trade Commission agreed on new conditions to replace the $778 million fine that the regulator imposed on the chip manufacturer last year, as a result of an anti-trust case. The new fine equals to about $93 million, but don’t think Qualcomm got a great deal, because there’s more!

The company also promised funnel $700 million into Taiwan’s economy over the next 5 years in the form of investments. Part of money will be used by Qualcomm to build new manufacturing plants in Taiwan, while another will be for subsidies for local universities and investments in 5G related ...