Beijing Targets Qualcomm in Chip Wars
China is escalating its tech retaliation against the US ahead of a meeting between President Trump and Chinese leader Xi Jinping.
Beijing has launched a fresh antitrust probe into Qualcomm, investigating the company for suspected breaches of China's antimonopoly law.
- The probe relates to Qualcomm's acquisition of Israeli startup Autotalks.
- China's State Administration for Market Regulation confirmed the investigation.
Qualcomm "is fully cooperating with the Chinese regulator," said a company spokeswoman.
This move comes as rare-earth export restrictions and trade tensions between the US and China continue to rise.
Author's summary: China targets Qualcomm in chip wars.