
Korea issues unfair practices report to Qualcomm

Qualcomm has confirmed that the Korea Fair Trade Commission has issued a case examiner's report setting forth allegations with respect to the lawfulness of certain business practices related to Qualcomm's integration of multimedia systems into its chipsets and rebates and discounts provided to its chipset customers. The case examiner's report does not indicate what specific remedies may be sought. Qualcomm believes its actions have been lawful and over the next several months plans to submit its response to the allegations. South Korea's fair trade body said it wants to soon wrap up the investigation into alleged unfair business practices by Qualcomm, reports AP. Song Sang-min, an official handling the probe at the Korea Fair Trade Commission, said Qualcomm was likely to respond as early as April to a report on the case.
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