Qualcomm head: China resolution “highest priority”

Qualcomm head: China resolution “highest priority”

06 JAN 2015
China Flag

LIVE FROM CES 2015: Derek Aberle, president of Qualcomm, said that reaching a resolution with regard to the company’s ongoing woes in China is “one of the highest priorities for our management team”.

Responding to a question in Qualcomm’s press event, the executive continued: “There has been some speculation around and we can’t really comment too much on that. As soon as we get to a resolution, obviously we will be in a better position to talk about it.”

According to recent reports, the Chinese government has indicated it could be about to agree a settlement that could cost Qualcomm more than $1 billion. It has also been suggested that the company has changed its licensing fees, to give parity to CDMA and WCDMA-family products.

Qualcomm previously said that it believes some companies in China are “not fully complying with their contractual obligations to report their sales of licensed products”, and that others may delay negotiations while the NDRC dispute is ongoing.

The US chipmaker has been in talks with the National Development and Reform Commission for some time, with Aberle apparently involved in the process.


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