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Stock impact report

How Qualcomm Escaped An Antitrust Fine Of $774 Million And Boosted Taiwan's Tech Hub [Forbes]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Forbes
Ralph Jennings Contributor i Opinions expressed by Forbes Contributors are their own. Qualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 at The Venetian Las Vegas in January 2017 in Las Vegas, Nevada. (Photo: Ethan Miller/Getty Images). What a difference a year makes. Last October, Taiwan’s Fair Trade Commission fined American chip developer Qualcomm NT$23.4 billion ($774 million). The commission found that Qualcomm had used its dominant position in the modem chip market to  charge unfair royalties and terms for its patents .  Taiwan matters because it accounted for 12% of the company's fiscal revenue in 2016 through its sales to a long list of local consumer electronics contractors that need semiconductors for their hardware. A year later the fine is gone. Qualcomm didn’t contest the fine, the commission says on its website. It didn’t pay, either. It r Show less Read more
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