Qualcomm fined $975M, agrees to lower royalties in China
US chipmaker Qualcomm has been fined CNY6. 088 billion (about $975 million) by China’s antitrust regulator and has agreed to modify its licensing practices and reduce royalties to satisfy the government’s anti-competitive ruling. The company, which made about $7.
Microsoft given 20-day deadline in China antitrust probe
China’s State Administration for Industry and Commerce (SAIC) has given Microsoft 20 days to answer questions about the compatibility of its Windows and Office software as part of an ongoing anti-monopoly investigation.
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