China’s SAMR Opens Case to Investigate Qualcomm’s Autotalks Acquisition
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- TechNode.com
China’s State Administration for Market Regulation (SAMR) has initiated an investigation into Qualcomm regarding its acquisition of V2X chipmaker Autotalks. The inquiry, announced today, centers on potential violations of the country’s Anti-Monopoly Law, specifically related to Qualcomm's alleged failure to report the concentration of undertakings associated with the deal. Qualcomm had disclosed the acquisition in May 2023, which has now raised concerns about compliance with regulatory requirements in China. The investigation underscores the increasing scrutiny of foreign investments in the Chinese technology sector and reflects the government's commitment to enforcing antitrust regulations.
Original report
China’s SAMR Opens Case to Investigate Qualcomm’s Autotalks Acquisition
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