Scalper1 News
Qualcomm (QCOM) announced late Monday that it’s reached a resolution with China’s government that requires it to pay a $975 million fine and meet certain licensing requirements to settle a 14-month investigation into its business practices. The San Diego-based chipmaker said in a press release that it reached the agreement with China’s National Development and Reform Commission (NDRC), and that it would not contest the deal in court. In the Scalper1 News
Scalper1 News