Qualcomm settle dispute with FTC by pledging US$700 million investment  (2018/08/10)
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  • 英文 English 
    Qualcomm settle dispute with FTC by pledging US$700 million investment  (2018/08/10)

    Taiwan's fair trade authority has announced that it's dropped a case against Qualcomm, a US-based chipmaker accused of anti-trust violations in Taiwan. According to the settlement terms, Qualcomm will invest 700 million US dollars in Taiwan over the next five years, developing areas like 5G and semiconductors.

    Cell phones rely on mobile processors to access communications networks. Taiwan authorities say that Qualcomm held a monopoly over mobile communications chips and refused to authorize their use by other manufacturers. Last year, Taiwan’s FTC slapped a record NT$23.4 billion fine against the US-based company.

    According to an FTC probe, Qualcomm violated Taiwan law for over seven years, demanding a total of NT$400 billion in licensing fees from local manufacturers. But the FTC announced today that it’s reached an agreement with Qualcomm. According to the settlement, the FTC will keep the NT$2.73 billion in fines it’s already received from Qualcomm. In exchange, the company will make a NT$21.5 billion investment in Taiwan over the next five years.

    Hung Tsai-lung
    FTC member
    They agree to participate in Taiwanese industries including 5G, the Internet of Things, artificial intelligence … We took the original NT$23.4 billion fine and adjusted it down to NT$2.73 billion. The remainder, you can understand, you can imagine -- it’s all going to be turned into investment and even GDP growth.

    The FTC and the Ministry of Economic Affairs say the turn of events in the Qualcomm case will benefit the development of semiconductor, mobile communications and 5G communications technology in the nation. Both Qualcomm and the FTC have taken a step back, reaching a settlement in place of the original fine.

    中文 Chinese  
    高通5年投資台灣7億美元 與公平會和解




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