Chipmaker Qualcomm Inc. said on Feb. 9 that it has agreed to pay a $975 million fine to the Chinese government following a 14-month antitrust investigation.
The company said that China’s National Development and Reform Commission had concluded that Qualcomm violated China’s Antimonopoly Law by overcharging Chinese customers for patent royalties. Along with the fine, Qualcomm promised several measures to reduce royalty charges in China.
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