Qualcomm Fined By Chinese Government For Violating Anti-Monopoly Laws

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Qualcomm, best known for its 3G and 4G smartphone chips, has been fined 6.088 billion yuan (US$975 million) for reportedly violating anti-monopoly laws. The tech firm, which generates most of its profit from licensing patents for chips to other companies, is said to have bundled patents in a way that forced licensees to purchase beyond their business needs. To protect local businesses and level the playing field, China’s National Development and Reform Commission, put an end to the excessive bundling and levied a hefty fine. Qualcomm currently makes half of its $26.5 billion revenue from the Chinese market.

Tamara Clarke

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Tamara Clarke, a former software development professional, is the tech and lifestyle enthusiast behind The Global Gazette, one of the most active blogs in the Middle East. The Global Gazette has been welcomed and lauded by some of the most influential tech brands in the region. Clarke’s goal is to inform about technology and how it supports our lifestyles. See her work both in print regional publications and online on her blog where she discusses everything from how a new gadget improves day-to-day life to how to coordinate your smartphone accessories. Visit www.theglobalgazette.com and talk to her on Twitter @TamaraClarke. #TamTalksTech