Qualcomm, a leading global technology company, has recently initiated an antitrust investigation into its business operations within China. Qualcomm’s smartphone chip sales to prominent Chinese manufacturers, including Xiaomi, have drawn attention from regulatory authorities. The investigation focuses on potential market dominance and potential anti-competitive practices. Qualcomm is reportedly engaged in discussions with Chinese regulators regarding the company’s business model and market share within the Chinese chipset market. The probe aims to ensure fair competition and protect consumers from potential manipulation.
Credits: US Top News and Analysis
