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Actionable news in QCOM: QUALCOMM Incorporated,

South Korea Accuses Qualcomm of Trade Breaches, Company Says

  • Regulator proposing fines, changes to chipmaker's practices

South Korea’s Fair Trade Commission accused Qualcomm Inc. of violating local competition law in the way it licenses technology to customers, the chipmaker said.

The regulator proposes fining the company and forcing it to modify its business practices, Qualcomm said Tuesday in a statement. The commission sent a “case examiner’s report” to the U.S. company, beginning the process of allowing Qualcomm to respond to the allegations.

“The allegations and conclusions contained in the examiner’s report are not supported by the facts and are a serious misapplication of law,” Qualcomm said. “Our patent licensing practices...


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