Corporate
Mar. 3, 2016
Chip maker pays $7.5 million for business in China
For buttering up Chinese officials at state-owned telecommunications companies, Qualcomm Technologies Inc. agreed Tuesday to pay $7.5 million to the Securities and Exchange Commission.
Daily Journal Staff Writer
Qualcomm Technologies Inc. agreed Tuesday to pay $7.5 million to the Securities and Exchange Commission for buttering up Chinese officials at state-owned telecommunications companies.
From 2002 to 2012, the SEC found the San Diego-based chip maker violated the Foreign Corrupt Practices Act and the anti-bribery, internal controls and books-and-records provisions of the S...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In