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Core Viewpoint - Qualcomm is under investigation by China's market regulatory authority for failing to legally declare its acquisition of Autotalks, potentially violating the Anti-Monopoly Law of the People's Republic of China [2]. Group 1: Investigation Details - The investigation was initiated by the State Administration for Market Regulation due to Qualcomm's acquisition of Autotalks not being reported as required [2]. - Following the news of the investigation, Qualcomm's stock price dropped approximately 3% in pre-market trading [3]. Group 2: Acquisition Background - Qualcomm's subsidiary completed the acquisition of Israeli startup Autotalks in June, marking the second attempt at this transaction after the first was halted due to U.S. regulatory issues [5]. - The acquisition price for this deal was reported to be between $80 million and $90 million, significantly lower than the previously reported $350 million [5]. - Over the past 17 years, Qualcomm has invested a total of $110 million in Autotalks [6]. Group 3: Strategic Importance - Autotalks is a leader in V2X (Vehicle-to-Everything) communication solutions, which are crucial for enhancing road safety and traffic efficiency [7]. - Qualcomm views this acquisition as a strategic move to advance its V2X roadmap and global deployment efforts, providing a comprehensive, mass-producible, and vehicle-certified global V2X solution [7].