Breaking News

EnGenius Announces Affordable ECW520 Access Point KIOXIA Announces Industry’s First 245.76 TB NVMe SSD Built for the Demands of Generative AI Environments DeepCool Releases GENOME III, a Flagship Full-Tower Case for Extreme Cooling and Intelligent Monitoring CORSAIR Launches VENGEANCE 7000 AIR Series Gaming PC, Built with FRAME 4000D Case Elgato Brings 4K60 Game Capture to the Masses

logo

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

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Qualcomm Faces Record Fine In South Korea

Qualcomm Faces Record Fine In South Korea

Smartphones Jul 15,2016 0

Qualcomm could face a record-high fine of up to 1 trillion won ($881 million) in South Korea, for excesses in licensing practices. The Korea Fair Trade Commission (KFTC) has been accusing Qualcomm of abusing its dominant position and other unfair profiteering practices. The Korean gonvernment authority on Friday anounced that it would make a final decision soon and that it plans to reach a settlement with the U.S. company within the year.

The U.S. company is the original patent holder of the CDMA wireless technology and has significant licencing earnoings in the Asian country.

KFTC plans to take action to ease the pains for local companies that must accept unfair contract terms from the U.S. company for use of the original technology even if the fine may not go to the maximum rate.

The chipset giant charges fees for licensing on device level instead of a chipset, pocketing over 1 trillion won from such pricing system.

The chip giant last year agreed to pay record $975 million fine to Chinese antitrust regulators.

Tags: Qualcomm
Previous Post
SoftBank to Buy ARM For More Than $30bn
Next Post
Teens Engage More with Fewer Photos In Instagram, Researchers Found

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

EnGenius Announces Affordable ECW520 Access Point
Enterprise & IT

EnGenius Announces Affordable ECW520 Access Point

KIOXIA Announces Industry’s First 245.76 TB NVMe SSD Built for the Demands of Generative AI Environments
Enterprise & IT

KIOXIA Announces Industry’s First 245.76 TB NVMe SSD Built for the Demands of Generative AI Environments

DeepCool Releases GENOME III, a Flagship Full-Tower Case for Extreme Cooling and Intelligent Monitoring
Cooling Systems

DeepCool Releases GENOME III, a Flagship Full-Tower Case for Extreme Cooling and Intelligent Monitoring

CORSAIR Launches VENGEANCE 7000 AIR Series Gaming PC, Built with FRAME 4000D Case
Cooling Systems

CORSAIR Launches VENGEANCE 7000 AIR Series Gaming PC, Built with FRAME 4000D Case

Elgato Brings 4K60 Game Capture to the Masses
Consumer Electronics

Elgato Brings 4K60 Game Capture to the Masses

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

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