S Korea fines Qualcomm $853 mn for unfair business practices
US chipmaker Qualcomm has been hit with a record fine of $853 million by South Korea’s antitrust regulator for unfair and monopolistic business practices. Qualcomm is accused of forcing handset makers to pay royalties for an unnecessarily broad set of patents. It's also accused of refusing or limiting licensing of essential patents for chips to rivals Intel, Samsung and MediaTek.