Text: | Print|

    High royalties key reason behind Qualcomm fine: NDRC

    2015-02-10 13:13 chinadaily.com.cn Web Editor: Qin Dexing
    1

    The "unfair" and "excessively high" royalties Qualcomm Inc collected from Chinese smartphone makers were the key factors that led to the historical fine, the National Development and Reform Commission said on Tuesday.

    "Qualcomm refused to provide patent list to its customers in China and out-of-date patents were included in the licensing package and charged," the NDRC said in a statement.

    Other major breaches that violated the Chinese Anti-Monopoly Law include product bundling and adding unreasonable conditions in the sale of baseband chips, the NDRC said.

    The United States chip giant was fined 6.08 billion yuan ($975 million) according to the Anti-Monopoly Law, the amount accounts for 8 percent of the company's 2013 revenue in China.

    Comments (0)
    Most popular in 24h
      Archived Content
    Media partners:

    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 古交市| 天水市| 嘉定区| 三门峡市| 三明市| 眉山市| 磐安县| 漯河市| 威宁| 武强县| 邵阳市| 札达县| 裕民县| 那曲县| 镇远县| 霍城县| 昭苏县| 大姚县| 唐河县| 武平县| 盐山县| 嘉义市| 沈丘县| 凤阳县| 永宁县| 金乡县| 天长市| 白朗县| 寿宁县| 林芝县| 连城县| 同德县| 鱼台县| 观塘区| 海门市| 自贡市| 云林县| 涿州市| 隆化县| 黄浦区| 铜陵市|