Skip to comments.Report: China to declare Qualcomm a monopoly
Posted on 07/24/2014 10:06:02 PM PDT by Citizen Zed
A government newspaper says Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly. Citing a planning agency official, the China Daily on Friday said the results of an investigation into Qualcomm will be released soon. It cited the official as saying Qualcomm "has a monopoly" but gave no indication what possible penalties or orders to change its business practices the U.S. company might face.
(Excerpt) Read more at cnbc.com ...
A tad ironic, the Chinese scolding on unfair business practices.
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