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S.Korea regulator fines Qualcomm $854 mln for violating competition laws

SEJONG, South Korea, Dec 28 (Reuters) – South Korea’s
antitrust regulator said on Wednesday it fined U.S. chipmaker
Qualcomm Inc 1.03 trillion won ($854 million), a record
for the country, ruling its business practices of patent
licensing and smartphone modem chip sales hindered competition.

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