EU slaps $1.23B fine on Qualcomm over LTE chip dominance in the #iphone
January 24, 2018 | Uncategorized
Qualcomm’s longstanding dominance in LTE chipsets for smartphones, and specifically with Apple’s iPhone, is getting a major hit today. The European Commission today announced that it would be fining the company €997 million, or $1.23 billion, for abusing its market position between 2011 and 2016, related to its relationship with Apple. The figure works out to 4.9 percent of… Read More