European regulators hit Qualcomm with $1.2-billion fine over payments to Apple


The European Union is slapping a $1.23-billion fine on U.S. chipmaker Qualcomm for abusing its market dominance in the lucrative sector of components in smartphones and tablets.

European anti-monopoly regulators fined Qualcomm Inc. $1.2 billion on Wednesday for making payments to Apple Inc. in exchange for exclusively using Qualcomm smartphone radio chips in iPhones from 2011 to 2016.

Apple Inc's move on Wednesday to give iPhone owners information about the health of their batteries reverses the company's longstanding refusal to make such information available directly on iPhones and iPads, even though battery health has long been easy to check on Apple's Mac computers.

Source: Reuters

Apple Inc announced changes on Wednesday that make good on its promise to allow users to turn off a controversial feature that slows down iPhones when batteries are running low, although it signaled it might take months more to deliver.

Source: Reuters

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