Taiwan method expresses ‘deep concern’ about Qualcomm’s antitrust fine

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TAIPEI (Reuters) – Taiwan’s economics method pronounced it is “deeply concerned” about a antitrust group commanding a $775 million excellent on Qualcomm Inc (QCOM.O), in a singular open arrangement of feud between authorities.

Taiwan’s Fair Trade Commission (FTC) fined Qualcomm final week, observant a U.S. chipmaker had abused a monopolistic position by opting opposite chartering some modem-related technologies to other attention players.

Qualcomm pronounced it disagreed and would take a matter to justice once a group releases a final news in entrance weeks.

The Ministry of Economic Affairs, that oversees industrial policy, pronounced it reputable a agency’s position though was endangered about any impact on unfamiliar investment.

“With regards to a review and visualisation process… a method is deeply concerned,” a method pronounced in a matter posted on a website late on Tuesday.

“Considering mercantile fortitude and prosperity, as good as that a economics method is a supervision management overseeing industry, a method would like to see improved coordination between industrial growth and satisfactory trading.”

The method pronounced a group did not seem to take into criticism Qualcomm’s grant to a altogether internal record attention or impact on destiny business opportunities, describing a U.S. organisation as an “indispensable partner”.

The FTC did not have an evident criticism when contacted by Reuters.

Taiwanese chipmaker MediaTek Inc (2454.TW) upheld a FTC’s movement in a matter on Oct. 12, reiterating views of some attention players that it would lead to a fairer business sourroundings for technological innovation.

The movement is a latest plea to Qualcomm’s business model, that involves offered chips and chartering patents associated to designation and use.

In December, South Korean regulators fined Qualcomm $854 million for violating foe law. That followed a $975 million excellent from Chinese regulators in 2015.

Reporting by Jess Macy Yu; Editing by Miyoung Kim and Christopher Cushing

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