Wednesday, January 24, 2018

EU Regulator Fines Qualcomm $1.2 Billion for Paying Apple to Use Its Mobile Chips

Qualcomm has been hit with a 997 million euro ($1.2 billion) fine by EU antitrust regulators for paying Apple to use its LTE chips in iOS devices, Reuters reported on Wednesday. According to the European Commission’s investigation, the payments to Apple occurred from 2011 to 2016, and were made with the sole aim of blocking Qualcomm’s LTE chipset market rivals, such as Intel. “Qualcomm paid

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