China has “substantial evidence” on Qualcomm in an antitrust probe, according to a report in the state-run China Daily that quotes Xu Kunlin, the head of the National Development and Reform Commission’s anti-price-fixing bureau. The Daily didn’t divulge any specific details — just Xu’s confident assertion that Qualcomm is squarely in the crosshairs. Qualcomm released a statement saying it believes its business practices are lawful. China launched an antitrust probe into Qualcomm, the world’s top maker of cellphone chips, in late November.
Loading ...
China: We've Got the Goods on Qualcomm
Posted by: David Vranicar December 13, 2013 02:16 PMChina has “substantial evidence” on Qualcomm in an antitrust probe, according to a report in the state-run China Daily that quotes Xu Kunlin, the head of the National Development and Reform Commission’s anti-price-fixing bureau. The Daily didn’t divulge any specific details — just Xu’s confident assertion that Qualcomm is squarely in the crosshairs. Qualcomm released a statement saying it believes its business practices are lawful. China launched an antitrust probe into Qualcomm, the world’s top maker of cellphone chips, in late November.