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U.S. chipmaker Qualcomm has agreed to pay a fine of nearly a billion U.S. dollars to Chinese authorities and has agreed to modify its practices.
The National Development and Reform Commission (NDRC) says the U.S. firm was found to have abused its market dominance and to have limited competition.
This ends a 14-month government investigation1 into the company's practices in the marketplace.
Lu Yanchun is with the Price Supervision2 and Anti-Monopoly Bureau of NDRC.
高通被开60亿垄断罚单
"According to law, from the day we issue the formal penalty decision, Qualcomm has to pay the fine within 15 days. Imposing3 a penalty is only regarded as one of the effective measures to regulate companies' behavior, but it's not the purpose. The investigation into this case shows that China pays high attention to the protection of intellectual property rights and firmly opposes any abuse of IPR and the elimination4 or limitation of competition. "
The deal also sees the chipmaker making changes to the royalty5 structure it uses to charge Chinese phone makers6 for using its chip designs.
Qualcomm is also going to offer 3G and 4G patents to Chinese companies, and will no longer require the bundling of those rights with other patents in its portfolio7.
Meanwhile, it's also forced to set its licensing8 rates similar to the royalties9 it charges elsewhere in the world.
For more on this, CRI's Zhao Yang talked with Liu Baocheng, Prof. from the University of International Business and Economics.
Liu Baocheng, Prof. from the University of International Business and Economics, speaking with CRI's Zhao Yang.
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1 investigation | |
n.调查,调查研究 | |
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2 supervision | |
n.监督,管理 | |
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3 imposing | |
adj.使人难忘的,壮丽的,堂皇的,雄伟的 | |
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4 elimination | |
n.排除,消除,消灭 | |
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5 royalty | |
n.皇家,皇族 | |
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6 makers | |
n.制造者,制造商(maker的复数形式) | |
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7 portfolio | |
n.公事包;文件夹;大臣及部长职位 | |
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8 licensing | |
v.批准,许可,颁发执照( license的现在分词 ) | |
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9 royalties | |
特许权使用费 | |
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10 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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