EU adds charge to Qualcomm antitrust investigation [Seeking Alpha]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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US:NASDAQ Investor Relations:
qualcomm.com/info/investor-relations
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Source: Seeking Alpha
EU antitrust regulators charge Qualcomm (NASDAQ: QCOM ) with a new violation in a case accusing the company of selling chipsets below cost to drive out Nvidia (NASDAQ: NVDA ) and phone software maker Icera. The violation “focuses on certain elements of the “price-cost” test” that the Commission uses to assess the extent to which the UMTS baseband chipsets were sold at a discount. Qualcomm faces a fine of up to 10% of its worldwide turnover if found guilty. That would follow a $1.2B penalty earlier this year for paying Apple to use only its chips instead of rival Intel. Qualcomm says it’s disappointed with the decision: “While the investigation has been narrowed, we are disappointed to see it continues and will immediately begin preparing our response to this supplementary statement of objections. We believe that once the Commission has reviewed our response, it will find that Qualcomm’s practices are pro-competi
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News
- Qualcomm Announces Shortlisted Startups for Qualcomm Make in Africa 2024 and Awards 2023 Wireless Reach Social Impact Fund [Yahoo! Finance]Yahoo! Finance
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- QUALCOMM Incorporated (NASDAQ: QCOM) is now covered by analysts at Benchmark Co.. They set a "buy" rating and a $200.00 price target on the stock.MarketBeat
- Qualcomm Schedules Second Quarter Fiscal 2024 Earnings Release and Conference CallBusiness Wire
QCOM
Earnings
- 1/31/24 - Beat
QCOM
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 144
- 4/2/24 - Form 4
- QCOM's page on the SEC website