Published: November 28, 2017
Publisher: Yonhap
“South Korea’s highest court has rejected U.S. mobile phone chipmaker Qualcomm Inc.’s call to suspend the implementation of corrective measures taken by the country’s anti-trust watchdog, the Fair Trade Commission said Tuesday.
In December last year, the FTC slapped Qualcomm with a record fine of 1.03 trillion won (US$951 million) for abusing its dominant position in the mobile communications market and ordered it not to sign unfavorable terms with customers.”