Best Phone Arena - News : WSJ: Qualcomm unit will help Chinese phone makers sell abroad, According to report within the Wall Street Journal, a zealous unit by Qualcomm can facilitate Chinese smartphone makers sell their hardware overseas. The chipmaker recently settled an enormous just investigation in China by paying a fine of $975 million.
The move is a component of Qualcomm’s efforts to strengthen its relationships with makers in China. an organization govt told WSJ that the San Diego-based maker of the popular flower chipsets has found out a globalisation workplace in Shenzhen, which can facilitate native firms connect with markets abroad.
As a results of the just settlement, Qualcomm can scale back the royalties it collects from makers in China and be additional clear concerning its native business ventures. The technical school big will begin a $150 million fund which will invest in native startups.
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