Chinese regulators are investigating Qualcomm’s acquisition of Autotalks

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China’s antitrust regulator has opened an investigation into of Israeli connected-vehicle chip company Autotalks. The State Administration for Market Regulation (SAMR) alleges that Qualcomm is suspected of violating China’s anti-monopoly laws by not disclosing certain details of the deal.

Qualcomm had initially agreed to acquire the fabless chip company in 2023 to expand its Snapdragon portfolio into more automotive applications. Autotalks creates chips, sensors and vehicle-to-everything (V2X)…



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Chinese regulators are investigating Qualcomm’s acquisition of Autotalks


China’s antitrust regulator has opened an investigation into of Israeli connected-vehicle chip company Autotalks. The State Administration for Market Regulation (SAMR) alleges that Qualcomm is suspected of violating China’s anti-monopoly laws by not disclosing certain details of the deal.

Qualcomm had initially agreed to acquire the fabless chip company in 2023 to expand its Snapdragon portfolio into more automotive applications. Autotalks creates chips, sensors and vehicle-to-everything (V2X)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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