Home > Hardware > Components > Qualcomm Loses EU Appeal

Qualcomm Loses EU Appeal

US chipmaker Qualcomm is looking down the barrel of a daily fine of 580,000 euros (A$842,000) after losing an appeal against a penalty in a European Union court.

Qualcomm, which was charged by the European Commission with using anti-competitive methods to squeeze out British phone software maker Icera, last month asked the Luxembourg-based General Court to suspend the order.

The company said the EU competition authority’s demands entailed onerous work and financial costs pegged at no less than 3 million euros, as it involved more than 50 employees and 16 external advisers.

Court president Marc Jaeger dismissed the appeal.

You may also like
Qualcomm Chips To Use Aussie Start-Up’s Security Software
Qualcomm Reveals Wireless VR Headset
Apple Loses Fight With Qualcomm, Billions Now At Stake For iPhone Maker
New Qualcomm 2nd Gen 7Gbps 5G Modem Revealed, But Not For iPhones
Amazon To Acquire Qualcomm-Backed Router Company