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Taiwan fines Qualcomm NT$23.4b for antitrust violations

Published Thu, Oct 12, 2017 · 09:50 PM
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Hong Kong

QUALCOMM Inc faces an antitrust fine in Taiwan, the latest in a years-long streak of regulatory setbacks to its business model that comes as it also fights US regulators and iPhone maker Apple Inc in court over many of the same legal issues.

The Taiwan Fair Trade Commission said on Wednesday it would fine Qualcomm NT$23.4 billion (S$1.1 billion) for anti-trust violations of its chip technology.

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