Scalper1 News
Qualcomm (QCOM) faces a $1 billion fine and possible royalty reductions to resolve a 14-month investigation by Chinese anti-monopoly authorities, according to a Reuters report, but that outcome might be better than many investors expected. Qualcomm is likely to pay China a record fine of around $1 billion, which would end a 14-month investigation by China’s National Development and Reform Commission (NDRC) into alleged anti-competitive practices, Scalper1 News
Scalper1 News