Qualcomm Disagrees with Decision by Taiwan Fair Trade Commission and Intends to Seek a Stay and Appeal the Decision

Qualcomm Disagrees with Decision by Taiwan Fair Trade Commission and Intends to Seek a Stay and Appeal the Decision .
October 11, 2017

San Diego

Qualcomm (Nasdaq: QCOM) today announced that the Taiwan Fair Trade Commission (TFTC) has reached a decision in the TFTC’s investigation, stating in a press release that certain of the Company’s business practices are in violation of Taiwanese competition law and imposing a fine of approximately $23.4 billion Taiwan dollars (approximately $773 million US dollars at current exchange rates). Qualcomm

https://www.qualcomm.com/news/releases/2017/10/11/qualcomm-disagrees-decision-taiwan-fair-trade-commission-and-intends-seek

Taiwan Fines Qualcomm $774M Over Mobile Chip Sales – Law360

https://www.law360.com/ip/articles/973208
Qualcomm faces $774 million antitrust fine in Taiwan

https://www.engadget.com/amp/2017/10/11/qualcomm-faces-774-million-antitrust-fine-in-taiwan/