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10. August 2018

Qualcomm and Taiwanese Regulators Reach Settlement ‚Reversing Most‘ of $773M Fine

Nearly one year after Qualcomm received a $773 million fine by Taiwan’s Fair Trade Commission regarding how the company prices smartphone chips and patents, Qualcomm this week reached a settlement agreement with the Taiwanese regulators that „reverses most“ of the $773 million fine.

In the settlement, Qualcomm will invest $700 million over the next five years to „boost research activities in Taiwan.“ The company will also stop paying fines and retains the right to charge manufacturers royalties on its technology. The Taiwanese regulators will keep around $89 million in fines already paid by Qualcomm and „waive the [...]

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