Details of the investigation into Qualcomm by the State Administration for Market Regulation

Recently, the head of the Antitrust Division of the State Administration for Market Regulation answered reporters' questions regarding the investigation into Qualcomm's violation of the Anti-Monopoly Law of the People's Republic of China (hereinafter referred to as the "Anti-Monopoly Law"). Question: Recently, due to Qualcomm's suspected violation of the Anti-Monopoly Law, the State Administration for Market Regulation has initiated an investigation. Please provide specific details. Answer: This is a routine law enforcement action carried out by the State Administration for Market Regulation based on the Anti-Monopoly Law. In May 2023, Qualcomm announced its acquisition of Autotalks. After receiving a report, our bureau conducted a comprehensive assessment of the concentration, concluding that although it did not meet the reporting standards, there was evidence indicating that it had or could have the effect of excluding or restricting competition. On March 12, 2024, our bureau formally notified Qualcomm in writing, requesting it to report the transaction in accordance with Article 26 of the Anti-Monopoly Law, stating that the concentration should not be implemented before reporting or obtaining approval. On March 14, 2024, Qualcomm sent a letter to our bureau indicating that it would abandon the transaction. In June 2025, Qualcomm completed the acquisition of Autotalks without reporting or communicating with our bureau. After receiving a report, our bureau verified the facts, and Qualcomm also acknowledged the relevant facts. Based on clear facts and solid evidence, our bureau has legally initiated an investigation into Qualcomm's illegal implementation of the operator concentration concerning the acquisition of Autotalks. Moving forward, the State Administration for Market Regulation will continue to advance the relevant investigation work in accordance with the principles of legality, regulation, objectivity, and fairness. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at their own risk