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Chinese phone makers welcome Qualcomm fine
(Xinhua)
Updated: 2015-06-26

Chinese cellphone makers on Feb 11 expressed their support of a record anti-trust fine levied on U.S. chip maker Qualcomm. The National Development and Reform Commission (NDRC) ruled Qualcomm had abused its market dominance and charged discriminatory fees in the Chinese market when licensing mobile chip technology. The company was ordered to pay 6.09 billion yuan (994 million U.S. dollars). Telecom giant Huawei told Xinhua that the NDRC's decision would benefit telecom product manufacturers and Chinese consumers, as well as improve intellectual property protection. ZTE also welcomed the anti-trust ruling as it would have a significant effect on the global telecom industry.


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