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A record-high fine for Qualcomm may have limited impact on the company but will significantly promote fair competition in China The National Development and Reform Commission(NDRC)announced on February 10 that American company Qualcomm Inc.,the world’s largest integrated circuit(IC or“chip”)maker,will be fined 6.09billion yuan($975 million)after a 14-month investigation.The fine amounts to 8 percent of Qualcomm’s sales revenue in China in 2013.
A record-high fine for Qualcomm may have limited impact on the company but will significantly promote fair competition in China The National Development and Reform Commission (NDRC) announced on February 10 that American company Qualcomm Inc., the world’s largest integrated circuit (IC or “chip”) maker, will be fined 6.09billion yuan ($ 975 million) after a 14-month investigation. The fine amounts to 8 percent of Qualcomm’s sales revenue in China in 2013.