Qualcomm pays $975 million, resolves China antitrust dispute
By Noel Randewich and Matthew Miller SAN FRANCISCO/BEIJING (Reuters) - Qualcomm Inc said on Monday it agreed to pay China a fine of $975 million (£640.6 million), ending a 14-month government investigation into anti-competitive practices. The deal also sees chip-maker Qualcomm lower its royalty rates on patents used in China, the company said in a statement. ...
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