The Fair Trade Commission in South Korea is investigating Qualcomm for unfair market competition practices and may fine the chip maker up to 1 trillion Korean Won or $878 billion. The FTC put Qualcomm under investigation 17 months ago for anti-competitive licensing and its final verdict will come out on July 20. Apparently, Qualcomm misused its patents licensing and charged Korean manufacturers Samsung and LG unfair prices. Here is a quote from an FTC rep: Qualcomm has been collecting royalty fees from mobile phone manufacturers based on certain fixed rates from the suggested price...
Source: http://www.gsmarena.com/south_korea_may_fine_qualcomm_to_pay_1_trillion_won-news-19466.php
