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Tuesday, February 10, 2015
This agreement is likely foreign high-tech giants in China did not like: The US company Qualcomm spent more antitrust investigations with a record payment from. The Americans have almost a billion dollars.
The chip maker Qualcomm has ended a long antitrust dispute in China with a large cash payment. As part of the agreement with the Competition Authority NDRC Qualcomm has a criminal record sum in the amount of 975 million dollars. The US company is also committed to reducing the fees for its patents
The decision should Qualcomm pursue long. Industry experts believe that the reduction in fees specific competitor should give great benefits. The main beneficiaries are probably Chinese smartphone maker Xiaomi Technology or as Huawei Technologies, sources said.
The investigation had dragged on for 14 months. The fees are
Qualcomm will not proceed against the finding of authority by its own account, after which the company against the competition law violated. The consolidated financial abuse of a dominant position was accused. He was suspected to charge a higher royalty than in other countries for its mobile and networking technology in China.
The agreement now looks, inter alia, in the calculation of patent fees in China in the future, 65 percent of the smartphone to accept the sale price as a basis. So far, the selling price was in full the guideline.
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Qualcomm CEO Steve Mollenkopf expressed about the agreement satisfied. “We are glad that it is over,” he said. The time now is no more uncertainty, and Qualcomm could benefit from the growth of the mobile market in China. The company generated in the previous fiscal year (September 28), around half of its sales of 26.5 billion in the People’s Republic
Investors were relieved. In after-hours trading on the New York Wall Street put the price of Qualcomm’s stock by almost three percent.
Source: n-tv.de
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