Thursday, December 29, 2016

South Korean regulatory agency fines Qualcomm $854 million for patent bullying

ifixitAll's fair in love and war and high-stakes international B2B sales. Wait, that's not true: there's actually quite a lot of regulation on that last bit. Just ask the Korean Fair Trade Commission, which presented American chipmaking giant Qualcomm with a gigantic fine for unfair business practices on Wednesday. According to the KFTC, Qualcomm abused its dominant business position to force its manufacturing partners to pay exorbitant patent licensing fees when selling its widely-used mobile modem chips.

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South Korean regulatory agency fines Qualcomm $854 million for patent bullying was written by the awesome team at Android Police.



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