QUALCOMM ON HOT SEAT FROM EU

QUALCOMM ON HOT SEAT FROM EU

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EU antitrust controllers on Thursday accused Qualcomm of another infringement for a situation where the US chipmaker has been blamed for pitching chipsets beneath cost to drive out Nvidia Corp unit and British telephone programming producer Icera.

“The supplementary proclamation of protests sent today centers around specific components of the “value cost” test connected by the Commission to evaluate the degree to which UMTS baseband chipsets were sold by Qualcomm at costs underneath cost,” the European Commission said.

The EU master had in 2015 charged the world’s No. 1 chipmaker of manhandling its market capacity to foil Icera in the vicinity of 2009 and 2011, after a grievance from Icera.

Qualcomm can confront a fine up to 10 percent of its overall turnover if discovered blameworthy of breaking EU antitrust principles. It was hit with an EUR 997 million ($1.2 billion) punishment in January this year for paying Apple to utilize just its chips in an offer to press out adversary Intel Corp and others.

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