Qualcomm said South Korean antitrust authorities have accused the chipset giant of violating South Korean law through its licensing practices and proposes to fine the company. The disclosure about the investigation, which was first launched earlier this year, is the latest in a series of tussles the company has had with antitrust regulators worldwide over its licensing business, which is how Qualcomm derives the majority of its profit.
Qualcomm is facing new pressure from regulators after South Korea's antitrust regulator said it is considering investigating whether the chipset giant misused its dominant market position in the country. The probe comes just days after Qualcomm announced a settlement with China's National Development and Reform Commission, in which the company agreed to pay a $975 million fine and change its licensing and royalty practices.
I was still wrapping up my holiday break when the news broke that US lawmakers are lobbying the South Korean government to
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Google's Motorola Mobility unit said it will shut down its mobile development and operations in South Korea and will cut most of its staff in the country next year. The action is Google's latest effort to slim down Motorola after acquiring the company earlier this year.
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South Korea’s largest operator SK Telecom fell well short of analyst’s forecasts for 4Q profit, despite growing the figure 48% to 361.4 billion won (€236 million) on the back of