BEIJING, Oct 10 (Reuters) - China has launched an
antitrust investigation into U.S. semiconductor manufacturer
Qualcomm ( QCOM ) over its acquisition of Israel's Autotalks,
China's market regulator said on Friday.
China's State Administration for Market Regulation said the
probe would look at whether Qualcomm ( QCOM ) violated China's antitrust
law by not lawfully declaring some details in its acquisition of
the Israeli chip designer.
San Diego-based Qualcomm ( QCOM ) said in June it had finalised the
deal for Autotalks, which makes communications chips to help
prevent car crashes, without disclosing the size, or how it had
resolved earlier sticking points.
Qualcomm ( QCOM ) had said in 2024 it would drop the bid for
Autotalks after it failed to get regulatory approvals in a
timely manner.
Qualcomm ( QCOM ) did not immediately respond to a request for
comment on the Chinese probe.
In 2015, the major supplier of mobile phone chips paid a
$975 million fine to resolve a Chinese antitrust case.
The latest investigation comes after Beijing last month
accused U.S. AI chip maker Nvidia ( NVDA ) of violating China's
anti-monopoly law.
Both probes could heighten tensions between China and the
U.S. at a time when they appear to be struggling to move beyond
a trade tariff truce.
U.S. President Donald Trump and Chinese leader Xi Jinping
are expected to meet when they attend an Asia-Pacific Economic
Cooperation summit in South Korea at the end of this month.