EU court confirms Qualcomm's antitrust fine, with minor reduction
BRUSSELS, Sept 18 (Reuters) - Europe's second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm (QCOM.O), revising it down slightly to 238.7 million euros ($265.5 million) from an initial 242 million euros.
Qualcomm fails to overturn EU fine
Will have to find a to 238.7 million euros A top EU court has ruled that Qualcomm was guilty of playing monopoly in Europe and will pay a 238.7 million euro penalty. The case is the end of the road for Qualcomm which has been appealing against the ruling since 2019.
This is the chipmaker's second round of layoffs over the past year, while the company recorded billions in revenue.
A Qualcomm spokesperson was quoted as saying that their leading technology and product portfolio "has positioned us to ...
RedCap is key to the evolution of 5G as it bridges the capability and complexity gap, right-sizing 5G for a broad set of use ...
Qualcomm Inc. closed $62.33 below its 52-week high ($230.63), which the company reached on June 18th.
The news of Masimo’s partnership with Qualcomm comes a week after Apple unveiled its forthcoming iPhone and smartwatch models ...
Chip giant Qualcomm is reportedly laying off at least 226 employees in the US later this year as part of its business ...
Qualcomm Inc. closed $61.93 short of its 52-week high ($230.63), which the company reached on June 18th.
Qualcomm perdió una batalla legal el miércoles, en la que buscaba la revocación de una penalización antimonopolio después de ...
Qualcomm specializes in mobile chipsets and wireless communication solutions. Check out why I think QCOM stock is a strong ...
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