Qualcomm, a major IC designer, was fined again. According to reports, South Korean antitrust regulators announced that Qualcomm was fined $854 million for monopolistic behavior.
South Korean antitrust regulators announced on Wednesday that US chip maker Qualcomm decided to open a 1.03 trillion won (about 854 million US dollars) fine to Qualcomm for licensing anti-monopoly penalties when licensing patents and selling smartphone chips. history record.
The Korean FTC (Fair Trade Commission) believes that Qualcomm abuses the market monopoly and forces mobile phone manufacturers to pay for unnecessary patents when selling chips.
The FTC also said that Qualcomm refused to license standard essential patents to other modem chip manufacturers, or to restrict authorization, which hindered competition.
Due to its strong market and patent status, Qualcomm often faces anti-monopoly issues around the world. For example, last year it was fined 6.008 billion yuan and rectified by the China Development and Reform Commission.
As early as July this year, there were reports that the South Korean FTC said that after a 17-month antitrust investigation against Qualcomm, it was prepared to impose a fine of up to 1 trillion won, or about 5.9 billion yuan. Set a record high for antitrust fines in Korea. KFTC is awaiting Qualcomm's response and negotiating the final fine, and will make a final ruling by the end of the year.
South Korea is one of the first countries to adopt Qualcomm CDMA technology. Qualcomm's dominance in this market has already caught the attention of KFTC. In 2009, the Korea Fair Trade Commission imposed a fine of 200 million U.S. dollars on Qualcomm on the grounds of abuse of market dominance.
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