(Update1) Qualcomm cries foul against Korea Fair Trade Commission $865M fine for alleged violations of competition laws

The Korea Fair Trade Commission (KFTC) on Tuesday, Dec 27 fined Qualcomm Inc. (QCOM), the technology licensing company run by CEO Steven Mollenkopf, said it plans to issue a corrective order and a 1.03 trillion won ($865 million) against Qualcomm for violations of the country’s competition law. San Diego, California-based Qualcomm called the announcement “an [...]