Wednesday, February 11, 2015

South Korea Fair Trade Commission investigating Qualcomm: source

A Qualcomm sign is pictured in front of one of its many buildings in San Diego, California, in this November 5, 2014 file photo. REUTERS/Mike Blake/Files



A Qualcomm sign is pictured in front of one of its many buildings in San Diego, California, in this November 5, 2014 file photo.


Credit: /Mike Blake/Files






- South Korea's Fair Trade Commission is investigating U.S.-based chipmaker Qualcomm Inc, a person familiar with the matter told on Thursday.

The person declined to elaborate further. The commission is South Korea's antitrust body.


South Korea's Maeil Business Newspaper, without citing direct sources, reported on Thursday that the commission will look into whether Qualcomm is abusing its dominant market position. The commission in 2009 fined Qualcomm more than $200 million for such behavior.


The newspaper said the commission plans to send inquiries to South Korean smartphone makers like Samsung Electronics Co Ltd as well as Qualcomm competitors like Intel Corp as part of the investigation.


The U.S. company agreed to a $975 million fine in China earlier this week, ending a 14-month government investigation.


Qualcomm declined to comment, and the Fair Trade Commission could not be immediately reached for comment.


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