Qualcomm Settles with China, for now

The settlement of China’s anti-trust probe into Qualcomm Inc will intensify global scrutiny of the firm’s highly profitable patent licensing business as China’s National Development and Reform Commission (NDRC) will finish its 13-month investigation about the U.S. chipmaker.

The NDRC, one of China’s anti-trust regulators, has said it suspects Qualcomm of overcharging and abusing its market position in wireless communication standards. Qualcomm is expected by industry sources to agree to changes in how it charges royalties on cellphones sold in China based on the fact that Qualcomm earned about half of its global revenue of $26.5 billion in China for the fiscal year ended Sept. 28.