China Opens Antitrust Probe into Qualcomm Over its Autotalks Deal

China's State Administration for Market Regulation said the probe would look at whether Qualcomm violated China's antitrust law by not lawfully declaring some details in its acquisition of the Israeli chip designer

x Beijing: China has launched an antitrust investigation into U.S. semiconductor manufacturer Qualcomm over its acquisition of Israel's Autotalks, China's market regulator said on Friday. China's State Administration for Market Regulation said the probe would look at whether Qualcomm violated China's antitrust law by not lawfully declaring some details in its acquisition of the Israeli chip designer. Qualcomm's shares were down 2.8% in premarket trading. China, US trade tensions San Diego-based Qualcomm said in June it had finalised the deal for Autotalks, which