Qualcomm Settles with China’s DNRC Over Anti-Monopoly Violations

Qualcomm today said it has reached a resolution with China’s National Development and Reform Commission (NDRC) over allegations that the chipmaker violated monopoly laws. First, Qualcomm has agreed to pay the NDRC a fine of approximately $975 million. Further, it agreed to a number of changes in how it strikes licensing agreements with Chinese handset […]