Tuesday, December 27, 2016

S.Korea regulator fines Qualcomm $854 mln for violating competition laws

SEJONG, South Korea, Dec 28 (Reuters) - South Korea's

antitrust regulator said on Wednesday it fined U.S. chipmaker

Qualcomm Inc 1.03 trillion won ($854 million), a record

for the country, ruling its business practices of patent

licensing and smartphone modem chip sales hindered competition.

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