Qualcomm could settle anti-trust dispute with China for $1 billion
The world's largest chipmaker is preparing to end an anti-trust investigation brought by the Chinese government against it over a year go following 'significant' progress made between the two parties.
Qualcomm is preparing to pay $1 billion to end the dispute, which had claimed uncompetitive practices in the nation, and will likely reduce their royalty rates by a third on patents used in China.
The fine would be the largest ever paid by a company in China.
China's National Development and Reform Commission (NDRC) said "The NDRC will soon release a new antitrust settlement. Qualcomm will be fined several times the total amount the NDRC fined last year."
Qualcomm gets half of its revenue from China, and a lot of its profits from high margin royalties from licensing. The NDRC had been telling firms to delay signing new licensing agreements while the dispute was still open.

Dish's new online TV streaming service is no longer invite-only, meaning any would-be consumer can sign up today.
Research firm Canaccord Genuity's Mike Walkley posted a note to clients today in which he reveals some interesting and possibly shocking facts about Apple and their place in the mobile industry.





