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Qualcomm to settle Taiwan antitrust case for USD $93 million

12 Aug, 2018

Qualcomm to settle Taiwan antitrust case for USD $93 million

Mobile chipmaker Qualcomm will settle an antitrust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years.

As part of the deal Qualcomm said it had agreed to build new manufacturing and operations facilities in Taiwan and work with Taiwan universities and startups on technology initiatives around so-called 5G technology, the next generation of wireless networks.

Qualcomm to settle Taiwan antitrust case for USD $93 million < Technology

Technology USD

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