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China says Qualcomm admitted to acquiring Autotalks without informing regulator
China's antitrust probe targets Qualcomm's $80-$90 million Autotalks acquisition amid rising US-China tech tensions and regulatory scrutiny, risking delays to the integration process.
- China's State Administration of Market Regulation said Qualcomm is suspected of violating anti-monopoly law over its acquisition of Israeli firm Autotalks.
- An investigation into Qualcomm will be initiated by the regulator for not informing it about the Autotalks acquisition.
- U.S. tech firms like Qualcomm and Nvidia have faced increased scrutiny from Chinese regulators ahead of key talks between the U.S. and China.
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35 Articles
35 Articles
Qualcomm antitrust probe is routine enforcement under anti-monopoly law: Chinese market regulator
A spokesperson for the State Administration for Market Regulation (SAMR) on Sunday addressed reporters' questions regarding the investigation into Qualcomm for violating China's Anti-Monopoly Law, saying that this is a routine enforcement action carried out by SAMR in accordance with the law.
·Beijing, China
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China says Qualcomm admits failing to report Autotalks acquisition, antitrust probe threat looms over chipmaker
China stated that Qualcomm failed to report the Autotalks acquisition to the State Administration for Market Regulation (SAMR), prompting the authorities to initiate an antitrust investigation against Qualcomm on Friday.
·New Delhi, India
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Coverage Details
Total News Sources35
Leaning Left6Leaning Right6Center12Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
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