0
Broadband

Qualcomm fined TWD 23.4 bln for uncompetitive behavior in Taiwan

Thursday 12 October 2017 | 14:13 CET | News
Qualcomm has announced that the Taiwan Fair Trade Commission (TFTC) has reached a decision in its investigation, stating that certain of Qualcomm's business practices are in violation of Taiwanese competition law. TFTC has also imposed a fine of TWD 23.4 billion (approximately USD 773 million). Qualcomm reports it disagrees with TFTC's decision and plans to seek to stay any required behavioral measures and appeal the decision to the Taiwanese courts after receiving the TFTC's formal decision, which is expected in the next several weeks. .

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Qualcomm
Countries: Taiwan
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Qualcomm to open three technology, testing centres in Taiwan

Published 02 Nov 2018 14:25 CET | Taiwan
Qualcomm will set up three technology and testing centres in Taiwan as it deepens its collaborative efforts with the local ...

Qualcomm schikt klacht met overheid Taiwan, komt met licenties en investeringen

Published 13 Aug 2018 07:44 CET | Taiwan
Qualcomm heeft ingestemd met wijzigingen in haar licentievoorwaarden en investeringen in Taiwan om de mededingingskwestie van de ...

Qualcomm settles Taiwan competition claims with licensing changes, investments

Published 10 Aug 2018 08:51 CET | Taiwan
Qualcomm has agreed to changes in its licensing terms and investments in Taiwan in order to settle the competition claims from ...

Qualcomm posts quarterly loss of USD 6 bln on competition fines, tax charges

Published 31 Jan 2018 22:53 CET | World
Qualcomm reported a net loss of USD 6.0 billion for its fiscal first quarter to December, compared to a profit of USD 0.7 billion ...

Qualcomm quarterly profit falls 90% on Apple woes, competition fine

Published 01 Nov 2017 23:07 CET | World
Qualcomm reported net profit down 89 percent year-on-year in its fiscal fourth quarter to September to USD 0.2 billion or USD ...

Qualcomm hires Intel's Baldwin as marketing chief

Published 18 Oct 2017 10:25 CET | World
Qualcomm announced that Penny Baldwin joined the company as senior vice president and chief marketing officer (CMO), reporting ...

South Korean court dismisses Qualcomm's antitrust challenge

Published 05 Sep 2017 10:01 CET | Korea, Republic of
Qualcomm has announced that Seoul High Court dismissed its application to suspend the implementation of changes in its licensing ...

Qualcomm loses appeal against EU competition info request

Published 18 Jul 2017 11:54 CET | Europe
Qualcomm has lost an appeal against a request from European Commission authorities to hand over information needed for the ...

Apple files fresh patent suit against Qualcomm

Published 03 Mar 2017 08:39 CET | World
Apple has filed a suit against Qualcomm in a UK court, citing a claim on patents and registered designs, Bloomberg reported. The ...

Qualcomm appeals against Korean competition fine

Published 22 Feb 2017 10:34 CET | Korea, Republic of
Qualcomm filed an injunction against South Korea's Fair Trade Commission and fines of over KRW 1 trillion imposed on the US-based ...





Calendar   /   Industry Events

17 Oct Elisa Q3 2019
17 Oct Ericsson Q3 2019, Investors day
17 Oct Telia Q3 2019
17 Oct Central European Media Q3 2019
17 Oct Tele2 Q3 2019
18 Oct Digi Q3 2019
18 Oct Reliance Jio fiscal Q2
21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Snap Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Calix Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct Telenor Q3 2019
23 Oct AT&T Q3 2019
23 Oct Orange Belgium Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Millicom Q3 2019
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Juniper Networks Q3 2019
24 Oct Maxlinear Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct HKBN fiscal FY
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct Televisa Q3 2019
::: More Calendar Items