Qualcomm has been hit with a nearly $774 million fine by Taiwan’s Fair Trade Commission, which said today that the chip maker abused its monopoly over smartphone modems to squeeze higher licensing fees and better terms out of its customers. Taiwan is only the latest country to go after Qualcomm over its expensive and onerous licensing terms: China and South Korea have both fined the company in the past two years, and Apple is now engaged in a series of global lawsuits against Qualcomm over many of the same practices.

The commission said that Qualcomm’s dominance in CDMA and LTE chips, as well as its major patent holdings for both technologies, let the company abuse its position and refuse to license necessary patents. It’ll now be…

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