UPDATE 1-U.S. requests consultations with South Korea under trade deal [Reuters]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
U.S. requests consultations with South Korea under trade deal WASHINGTON (Reuters) - The Trump administration has requested consultations with South Korea under the two nations’ free trade pact to try to resolve U.S. concerns about procedures in competition hearings held by a South Korean trade commission. “Some of these hearings have denied U.S. parties certain rights, including the opportunity to review and rebut the evidence against them,” the Office of the U.S. Trade Representative said in a statement. “Denial of this fundamental right undermines their ability to defend themselves.” The Korea Fair Trade Commission (KFTC) in December 2016 fined U.S. mobile chipmaker Qualcomm Inc over $900 million for what it called unfair business practices in patent licensing and modem chip sales. The company has contested the ruling, but a USTR spokeswoman could not be immediately reached for comment on whether this case influenced the consultation request. The United States and South Korea last
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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
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