Qualcomm said in a statement that it would "vigorously contest" the complaint and denied FTC allegations that it threatened to withhold chips in order to collect unreasonable licensing fees. Also Read: Qualcomm announces Snapdragon 835, an 8-core CPU built using 10nm fabTrump is expected to name Republican Commissioner Maureen Ohlhausen as acting FTC chairwoman and will fill three vacancies that will reshape the agency. The FTC asked the U.S. District Court for the Northern District of California in San Jose to order Qualcomm to end these practices. For its part, Qualcomm accused the FTC of a last-minute dash to court. South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won ($854 million) in December for what it called unfair practices in patent licensing, a decision the U.S. chipmaker said it will challenge in court.

Source: India Today January 18, 2017 05:00 UTC