Qualcomm Can Hit by $900 Million in Korea

The well known SoC producing organization Qualcomm, has been under scrutiny for mishandling its licenses. The reasonable exchange commission of South Korea was investigating the organization for as far back as 17 months under the charges of misuse of licenses.

The examination was finished up and Qualcomm could get a fine of 1 trillion won or around $900 million dollars. The principal decision for the case is to be displayed on twentieth July. In the event that Qualcomm is discovered blameworthy of these charges, they will get the biggest fine ever issued by the Fair Trade Commission (FTC).

Qualcomm's Charges

A FTC official has expressed that Qualcomm has been charging the makers situated in Korea an exorbitantly high expense for authorizing. This disregards the controls of equitable rivalry.

Talking with The Korea Times, a FTC official said,

Qualcomm has been gathering eminence charges from cell telephone producers in view of certain altered rates from the recommended cost of a cell phone.

This means as opposed to requesting the same cost for a chip utilized as a part of two distinctive cell phones, Qualcomm charged more cash from the organization if the chip was utilized as a part of a more costly cell phone.

It has been further reported that Qualcomm has gathered 1 trillion won from Korea based makers, for example, LG and Samsung consistently.

In the event that Qualcomm turns up blameworthy after the decision, it could make an enormous migraine for the organization as 16% of its deals are from Korea.

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