EU fines chipmaker Qualcomm $1.2 billion over exclusivity deal with Apple

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Go back to EU fines chipmaker Qualcomm $1.2 billion over exclusivity deal with Apple

Qualcomm (QCOM) Says it Will Appeal European Commission Decision Regarding Modem Chip Agreement with Apple

January 24, 2018 7:08 AM EST

Qualcomm (Nasdaq: QCOM) today confirmed it has received a decision from the European Commission (EC) relating to an expired agreement between Qualcomm and Apple Inc., which was in effect from 2011 through 2016, for the pricing of modem chips. The EC alleges that certain... More