(Reuters) – Qualcomm Inc on Wednesday detailed the first significant sales gains from a new category of chip it is selling to mobile phone makers, but also disclosed that an antitrust investigation has started around those chips.
FILE PHOTO – A Qualcomm sign is pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song
The European Union is investigating whether Qualcomm engaged in anti-competitive behavior by leveraging its market position in 5G modem chips in the radio frequency chip market, the San Diego company said on Wednesday in a regulatory filing.
The disclosure comes after the company spent years battling regulators – and paid billions of dollars in fines – over allegations that it engaged in anticompetitive patent licensing practices. Qualcomm last year lost a case brought by the U.S. Federal Trade Commission and remains locked in an appeal.
Qualcomm supplies “modem” chips, also sometimes called baseband processors, that connect mobile…
Source Reuters Tech News