Qualcomm Taxable Threatened Sanctions USD 1 Billion
Follow @mibimiboQualcomm Taxable Threatened Sanctions USD 1 Billion | As mobile chipset maker, made by Qualcomm's products are widely used in almost all top class products that are marketed throughout the world, including in China. This blog about Information Technology and The Latest Gadgets.
However, success is not always accompanied by Qualcomm. Qualcomm's dominance in China's state monopoly suspected motive. American company is alleged to have violated.
China Mobile Communications Industry Association reports Qualcomm has set arbitrary prices for the product. As a result the company was staked out by the anti-monopoly regulator of China (NDRC).
Charges of 'market dominance violations and discriminatory pricing' become a weapon to threaten Qualcomm NDRC. The maker of the Snapdragon lineup threatened sanction of USD 1 billion if found guilty of monopoly.
Panda State Government has started investigations against Qualcomm since last year. In November 2013, Qualcomm offices in Shanghai and Beijing was raided to find evidence of Qualcomm's monopoly performed.
Companies based in San Diego that claims to have collaborated with the NDRC for the investigation into the alleged monopoly. Qualcomm officials mentioned briefly met Chinese government to government affairs.
Quoted from Phone Arena, the Chinese government could have seized about 1-10% for the fiscal year prior opinion of Qualcomm. It can be done by the government under the anti-monopoly Qualcomm China if found guilty.
China reportedly is aggressively staking efforts to protect consumers by foreign companies in all industries. InterDigital technology companies, pharmaceutical giants GlaxoSmithCline and food manufacturer Danone entered the Chinese government target of the alleged monopolistic practices.
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However, success is not always accompanied by Qualcomm. Qualcomm's dominance in China's state monopoly suspected motive. American company is alleged to have violated.
China Mobile Communications Industry Association reports Qualcomm has set arbitrary prices for the product. As a result the company was staked out by the anti-monopoly regulator of China (NDRC).
Charges of 'market dominance violations and discriminatory pricing' become a weapon to threaten Qualcomm NDRC. The maker of the Snapdragon lineup threatened sanction of USD 1 billion if found guilty of monopoly.
Panda State Government has started investigations against Qualcomm since last year. In November 2013, Qualcomm offices in Shanghai and Beijing was raided to find evidence of Qualcomm's monopoly performed.
Companies based in San Diego that claims to have collaborated with the NDRC for the investigation into the alleged monopoly. Qualcomm officials mentioned briefly met Chinese government to government affairs.
Quoted from Phone Arena, the Chinese government could have seized about 1-10% for the fiscal year prior opinion of Qualcomm. It can be done by the government under the anti-monopoly Qualcomm China if found guilty.
China reportedly is aggressively staking efforts to protect consumers by foreign companies in all industries. InterDigital technology companies, pharmaceutical giants GlaxoSmithCline and food manufacturer Danone entered the Chinese government target of the alleged monopolistic practices.
See also :
