Ahmedabad

Qualcomm settles with Taiwan antitrust regulator for T$2.73 billion

TAIPEI (Reuters) – Mobile chipmaker Qualcomm Inc is settling an antitrust box brought opposite it by Taiwan regulators by profitable T$2.73 billion ($89 million), a island’s Fair Trade Commission pronounced on Friday.

The elect pronounced Qualcomm also concluded to bonus in good faith with other chip and phone makers in patent-licensing deals.

In 2017, a elect fined Qualcomm $778 million for refusing to sell chips to mobile handset makers that wouldn’t determine to a patent-licensing terms and for slicing iPhone builder Apple Inc a kingship bonus in sell for a disdainful use of Qualcomm’s modem chips in a past.

($1 = 30.6480 Taiwan dollars)

Reporting By Yimou Lee in TAIPEI and Stephen Nellis in SAN FRANCISCO; Editing by Muralikumar Anantharaman

Article source: http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/hWs_Muf-Mfo/qualcomm-settles-with-taiwan-antitrust-regulator-for-t2-73-billion-idINKBN1KV08I

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