Report: China to declare Qualcomm a monopoly

Published July 25, 2014 4:26am ET



BEIJING (AP) — Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday.

Regulators have completed an investigation of Qualcomm, the China Daily newspaper said, citing Xu Kunlin, director of the anti-monopoly bureau of the National Development and Reform Commission, China’s economic planning agency.

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