US semiconductor manufacturer Qualcomm is currently under investigation in China for allegedly breaching antitrust laws related to its acquisition of Autotalks.
China’s market regulator, the State Administration for Market Regulation, is assessing whether Qualcomm failed to disclose certain details during the acquisition. This deal, involving the vehicle-to-everything (V2X) semiconductor company, was announced in June of this year.
Earlier this month, Qualcomm faced a £480 million lawsuit in London on behalf of smartphone users, who claim the company overcharged on royalties for Apple and Samsung devices.
Additionally, Nvidia encountered similar scrutiny last month for potential violations of China’s anti-monopoly laws.