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China official says has ‘substantial’ evidence in Qualcomm antitrust case media

13
Dec
2013

By Michael Martina BEIJING (Reuters) – Chinas top economic planning agency has substantial evidence against chipmaker Qualcomm Inc in an antitrust probe, state media on Thursday quoted a senior official at the price regulator as saying. The official English-language China Daily attributed the comment to Xu Kunlin, head of the National Development and Reform Commissions (NDRC) anti-price-fixing bureau, in the agencys first public comment on the case. Qualcomm, the worlds biggest maker of cellphone chips, said it believed its business practices were lawful and pro-competitive. The company will continue to cooperate fully with the NDRC and is looking forward to a first meeting with the agency, Christine Trimble, Qualcomms vice president for public affairs said in an emailed statement.

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