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Trade

USA Targets Telecoms Trade Barriers in China, Pakistan and India

A report by a US government office has highlighted what it says are trade barriers facing US telecoms firms seeking to operate in overseas markets. Click here for more.


cellular-news

Qualcomm Disagrees with Decision by Taiwan Fair Trade Commission and Intends to Seek a Stay and Appeal the Decision

SAN DIEGO , Oct.andnbsp;Qualcomm (Nasdaq: QCOM) today announced that the Taiwan Fair Trade Commission (TFTC) has reached a decision in the TFTC’s investigation, stating in a press release that certain of the Company’s business practices are in violation of Taiwanese competition law and imposing a fine of approximately $ 23.4 billion Taiwan dollars (approximately $ 773 million US dollars at current exchange rates). Qualcomm disagrees with the decision summarized in the TFTC’s press release and intends to seek to stay any required behavioral measures and appeal the decision to the Taiwanese courts after receiving the TFTC’s formal decision, which is expected in the next several weeks. The fine bears no rational relationship to the amount of Qualcomm’s revenues or activities in Taiwan , and Qualcomm will appeal the amount of the fine and the method used to calculate it. Click here for more.


Cellular News

Best Buy Ordered to Pay $27 Million after Stealing Trade Secrets

Struggling US consumer electronics retailer, Best Buy has been ordered pay US$ 22 million in damages after a court found that it had made improper use of trade secrets owned by a tech start-up, TechForward. Click here for more.


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Trade Union Offers Proposal to Retain Nokia Siemens Networks Munich Offices

Nokia Siemens Networks and Germany’s IG Metall trade union have agreed on a potential restructuring plan for the company’s workforce in the country that would see its Munich facility staying open. Click here for more.


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