Qualcomm still in dark over probe by NDRC
Print Edition
Qualcomm’s CEO Paul Jacobs has said the US mobile chipmaker still has not been told about why it has come under antitrust scrutiny in China since late last year.
In November, Qualcomm said that China’s National Development and Reform Commission had launched an antitrust probe into the company. The chipmaker said it was unaware of any possible violations.
“We really don’t know yet,” Jacobs said in an interview at the Consumer Electronics Show in Las Vegas. He added that it is not unusual for authorities in various countries not to disclose reasons for their antitrust probes.
Qualcomm has since handed over requested documents to the NDRC.
The NDRC has launched nearly 20 pricing-related probes of domestic and foreign firms in the last three years, according to official media and research published by law firms.
In December, state media quoted a senior NDRC official saying the regulator had “substantial evidence” against Qualcomm.
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