Taiwan Hits Qualcomm With $774 Million Fine

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Dylan McGrath, EE Times, Oct. 11, 2017 – Regulators in Taiwan have levied a fine of roughly $774 billion against Qualcomm for anti-competitive behavior, becoming the latest in a string of jurisdictions to find fault with the mobile chip giant's business practices.

Taiwan's Fair Trade Commission (TFTC) detailed the findings of its investigation into Qualcomm in a statement released Wednesday (Oct. 11), saying among other things that Qualcomm's business model harms competition and violates Taiwan's Fair Trade Act. According to a report by the Bloomberg news service, the fine is the largest ever imposed by the TFTC.

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