This summer we told you about an investigation by the Fair Trade Comission in South Korea involving Qualcomm and unfair business practices. Reuters now reports that we have a final verdict - the company will be fined 1.03 trillion won (approx. $854 million). The decision will be challenged in court, the chip maker said later. This is the largest fine ever issued by the Korean FTC (KFTC). They say Qualcomm abused its dominant market position and forced phone makers to pay unnecessarily high costs for patents as part of their deal to provide chipsets. The regulator added more: The...
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