Breaking News

Thermal Grizzly and Noctua introduce WireView Pro II Noctua Edition GPU monitoring device Nikon releases the Z5IIC full-frame mirrorless camera Announcing the New ASUS Googlebook 14 Razer Unveils Kiyo V2 Pro 4K Webcam Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Qualcomm Faces Antitrust Probes in China, Europe And The U.S.

Qualcomm Faces Antitrust Probes in China, Europe And The U.S.

Enterprise & IT Nov 6,2014 0

Qualcomm on Wednesday confirmed ongoing antitrust investigations in China the United States and Europe, while it also has problems collecting royalties. The inverstigation by China's National Development and Reform Commission (NDRC) concerns how Qualcomm collects those royalties, and also its policy of only selling its chipsets to customers who pay the patent fees, the company said. In addition, Chinese authorities are also looking into allegations of whether the company refused to grant patent licenses to certain chip manufacturers.

Qualcomm could face a fine of more than $1 billion in China.

"Our results were negatively impacted by the challenges we are facing in China," Qualcomm said Wednesday in its fiscal fourth quarter earnings report. It added that certain unlicensed clients in China are delaying business with Qualcomm because of NDRC’s investigation.

"We're continuing to cooperate with the NDRC. We’ve continued to meet with them regularly, exchange some ideas for potential ways to resolve it," Qualcomm President Derek Aberle said."

Qualcomm also said it faces a new probe by the European Commission about rebates and other financial incentives in the sale of its chips. Another preliminary investigation by the U.S. Federal Trade Commission concerns a potential breach of licensing terms, the company said.

Qualcomm said it was difficult to predict the outcome of the U.S. and European investigations.

Seperately, a subsidiary of Nvidia has filed a complaint to the European Commission over alleged patent-related incentives and exclusionary pricing by Qualcomm.

Qualcomm forecast revenue for fiscal 2015 of between $26.8 billion and $28.8 billion. The company also expects non-GAAP earnings per share in fiscal 2015 to be between $5.05 and $5.35. Analysts on average expected $5.58.

Tags: Qualcomm
Previous Post
Lenovo Posts Second Quarter Profit
Next Post
AMD Reveals Civilization: Beyond Earth Game Bundle, Overclocked Radeon R9 290X

Related Posts

  • Next Generation Snapdragon G Series Portfolio Uplevels Handheld Gaming Experiences

  • Arm to Scrap Qualcomm Chip Design License

  • Qualcomm Unveils Snapdragon 8 Elite with the World’s Fastest Mobile CPU

  • MSI Showcases Roamii WiFi 7 Mesh System at COMPUTEX 2024

  • Qualcomm Computex 2024

  • Snapdragon X Series is the Exclusive Platform to Power the Next Generation of Windows PCs with Copilot+ Today

  • Qualcomm Introduces Snapdragon X Plus Platform

  • Qualcomm Introduces Two Next Generation S3 Gen 3 & S5 Gen 3 Sound Platforms

Latest News

Thermal Grizzly and Noctua introduce WireView Pro II Noctua Edition GPU monitoring device
GPUs

Thermal Grizzly and Noctua introduce WireView Pro II Noctua Edition GPU monitoring device

Nikon releases the Z5IIC full-frame mirrorless camera
Cameras

Nikon releases the Z5IIC full-frame mirrorless camera

Announcing the New ASUS Googlebook 14
Enterprise & IT

Announcing the New ASUS Googlebook 14

Razer Unveils Kiyo V2 Pro 4K Webcam
Consumer Electronics

Razer Unveils Kiyo V2 Pro 4K Webcam

Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability
Enterprise & IT

Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

SoundPeats C30

SoundPeats C30

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed