SAN DIEGO (CNS) - San Diego-based Qualcomm was fined $773 million by regulators in Taiwan Wednesday for violations of antitrust rules over a seven-year period.
The provider of technology for mobile devices will also have to void contracts that call for licensees to share various customer sales details.
In a statement, Qualcomm said it intends to appeal the decision by the Taiwan Fair Trade Commission to the island nation's courts after the agency finalizes its ruling in a few weeks.
"The fine bears no rational relationship to the amount of Qualcomm's revenues or activities in Taiwan, and Qualcomm will appeal the amount of the fine and the method used to calculate it," the company said.
Qualcomm has been fined by regulators in several Asian countries and the European Union, and is embroiled in a legal dispute over royalties with Apple.
According to multiple reports, the Taiwanese FTC accused Qualcomm of abusing a monopoly it holds over mobile phone standards for wireless data connectivity and refused to license necessary patents to clients who don't agree to the company's conditions.
The agency said Taiwanese companies had purchased $30 billion worth of Qualcomm baseband chips.
Despite a dispute over contract stipulations, the San Diego City Council's Budget and Government Efficiency Committee advanced a proposal to have the San Diego Humane Society provide the city's animal services.
Perform 300 concerts in front of screaming kids every year, and you may just be the hardest working man in San Diego show business.
The widow of a Cal Fire engineer killed while battling the Thomas Fire in Ventura County on Thursday shared her story with News 8.
Qualcomm is laying off 1,231 San Diego employees and another 269 workers in Northern California as part of a $1 billion cost-cutting plan.
An off-duty Yuma police officer accused of raping a woman in San Diego last year must stand trial, a judge ruled Thursday.
The Army says it’s considering 15 cities for the headquarters of its planned Futures Command , which will keep track of emerging technology and innovations that could be used in warfighting.
Thieves made off with 8,000 Disneyland tickets worth about $800,000 when they stole a box trailer from a youth agricultural education organization that was going to distribute them to participants at a conference in Southern California, officials said.
A Horace Mann Middle School teacher who reportedly showed a sixth-grade class pornography has been placed on leave while the allegations are investigated, a school district representative confirmed Thursday.
By mid-June, San Diego will be home to The Cado, a first of its kind pop-up featuring multi-sensory art installations designed to take you inside, and out, of a California avocado.
A middle-aged 90-pound African spurred tortoise nicknamed "Humpty" is continuing to recover Thursday following a surgery to fix his shell, which was severely cracked in several places when he fell from a 10- foot wall in Fallbrook, county officials said.