09-02-2015 11:06 via uk.news.yahoo.com

Exclusive - Qualcomm nears $1 billion deal resolving China antitrust dispute: source

By Matthew Miller and Michael Martina BEIJING (Reuters) - Qualcomm Inc is likely to pay China a record fine of around $1 billion (0.66 billion pounds), ending a 14-month government investigation into anti-competitive practices, after the U.S. chipmaker and the regulator made significant progress during talks last week. The deal, which may also see Qualcomm lower its royalty rates by around a third on patents used in China, could be announced as soon as Monday, a source said. Discussions in Beiji
Read more »