EU fines Qualcomm €997 million for Apple rebates

Janith Aranze

24 January 2018

EU fines Qualcomm €997 million for Apple rebates

Credit: istock/NorGal

The European Commission has ordered chipmaker Qualcomm to pay a €997 million fine, finding its exclusivity rebates with Apple illegally shut out rivals from the 4G baseband chipsets market.