Home

Qualcomm receives 2.3 billion US dollars to counteract Nvidia company

IT | Jul 22, 2019 | Master3395

Has hardly had time to breathe after the Apple lawsuit.

Qualcomm has barely managed to tackle the major litigation against Apple that took place earlier this year, but now they are in hard weather after an EU review concluding that the US technology company abused its market position in a period between 2009 and 2011.

Would eliminate the competition
Specifically, the chip manufacturer Qualcomm misused its position in the production of 3G chips, and the European Commission has imposed a fine of EUR 242 million on the company, equivalent to around NOK 2.3 billion. The fine corresponds to 1.27 percent of its sales revenue for 2018.

The case highlights details of Qualcomm's behavior between 2009 and 2011 when they were in competition with Nvidia's modem business - conducted through the company Icera. The European Commission has found that Qualcomm sold its chips under the Huawei and ZTE market prices to eliminate the Icera competition. The result was that in 2015 Nvidia got rid of the company.

As is the case with EU documents, Qualcomm's pricing is referred to as "predatory" where they could maximize the negative impact on Icera's business.

Keywords: Fine, eu, qualcomm

Sources: Engadget

Author: Master3395

Comments:

comments powered by Disqus
Discord

Page 1 of 429  >  >>

When will it end? Now there are problems with the batteries as well

microsoft-surface-pro-4png.png

Aug 22, 2019 | Category: General | Comments

Surface is already struggling with CPU and WiFi.

read more…

Apple TV launches in November for $ 10 a month

appletvplus-800x459.jpg

Aug 21, 2019 | Category: Microsoft | Comments

At the same time increases the budget for original content.

read more…

US companies have 90 days to end Huawei cooperation

hua.jpg

Aug 20, 2019 | Category: General | Comments

But that's not to be kind to Huawei.

US authorities have decided to allow US companies to do business with Huawei a little longer. Just as Reuters reported yesterday.

read more…

Page 1 of 429  >  >>