Qualcomm has suffered another blow in its battle with Apple after being fined a record $773 million by Taiwan’s Fair Trade Commission for alleged antitrust violations over a period of at least seven years.
Specifically, the fine involves Qualcomm’s collection of NT$400 billion ($13.2 billion) in licensing fees from local companies. The Taiwanese regulator hammered Qualcomm’s monopolistic market status for not providing products to clients who won’t agree to its terms and conditions.
