Qualcomm accuses Chinese firms of misrepresenting sales
Smartphone chip big Qualcomm is facing many setbacks in China, inflicting its share value to fall.
The North American nation firm has unconcealed that it believes many Chinese makers square measure misrepresenting the amount of devices they need created to cut back the patent royalty fees they owe.
In addition, a state-run newspaper has rumored that a Chinese regulator has determined the company's patents have given it a monopoly position.
That could result in a large fine.
Qualcomm has been underneath investigation by the National Development and Reform Commission (NDRC) over claims that it had overcharged for the correct to use its standard-essential patents and had abused its market position.
Standard-essential patents talk over with innovations that square measure crucial to a specification adopted as Associate in Nursing industry-shared technology.
Qualcomm owns many innovations that lie at the guts of 3G, 4G and alternative wireless information technologies.
As a result, device makers should pay it a fee to confirm their product will communicate with others devices though they are doing not embrace any of the assorted chips that Qualcomm manufactures itself.
Potential penalty
The NDRC same in Feb that one in all the complaints it absolutely was wanting into was a claim that Qualcomm was charging higher costs in China than elsewhere.
If it finds the corporate guilty, it will fine it up to 100% of its native revenue for the past twelvemonth.
The North American nation firm has unconcealed that it believes many Chinese makers square measure misrepresenting the amount of devices they need created to cut back the patent royalty fees they owe.
In addition, a state-run newspaper has rumored that a Chinese regulator has determined the company's patents have given it a monopoly position.
That could result in a large fine.
Qualcomm has been underneath investigation by the National Development and Reform Commission (NDRC) over claims that it had overcharged for the correct to use its standard-essential patents and had abused its market position.
Standard-essential patents talk over with innovations that square measure crucial to a specification adopted as Associate in Nursing industry-shared technology.
Qualcomm owns many innovations that lie at the guts of 3G, 4G and alternative wireless information technologies.
As a result, device makers should pay it a fee to confirm their product will communicate with others devices though they are doing not embrace any of the assorted chips that Qualcomm manufactures itself.
Potential penalty
The NDRC same in Feb that one in all the complaints it absolutely was wanting into was a claim that Qualcomm was charging higher costs in China than elsewhere.
If it finds the corporate guilty, it will fine it up to 100% of its native revenue for the past twelvemonth.