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 [...]
T-Mobile will pay $40 million to the U.S. Treasury for failing to correct ongoing issues with call delivery to rural areas and fooling customers with false ringtones, the United States Federal Communications Commission (FCC) announced today.
The FCC decided that T-Mobile violated the Communications Act following an investigation launched after T-Mobile subscribers were unable to reach customers served by three rural carriers in Wisconsin. T-Mobile claimed it had fixed the issue, but the FCC continued to get numerous complaints from T-Mobile callers attempting to reach at least 10 rural areas. From FCC chairman Ajit Pai:
„It is a basic tenet of the [...]