Qualcomm(US:QCOM) Xin Hua She·2025-10-12 08:19Core Viewpoint - The State Administration for Market Regulation (SAMR) has initiated an antitrust investigation against Qualcomm for allegedly violating antitrust laws related to its acquisition of Autotalks [1][2]. Group 1: Investigation Details - The investigation is part of SAMR's routine enforcement of antitrust laws [1]. - Qualcomm announced its acquisition of Autotalks in May 2023, which prompted a comprehensive assessment by SAMR after receiving a complaint [1]. - Although the acquisition did not meet the reporting threshold, evidence suggested it could restrict competition [1]. Group 2: Timeline of Events - On March 12, 2024, SAMR formally notified Qualcomm to submit a report regarding the acquisition, prohibiting any implementation until approval was granted [1]. - Qualcomm responded on March 14, 2024, indicating it would abandon the transaction [1]. - Despite this, Qualcomm completed the acquisition of Autotalks in June 2025 without submitting a report or communicating with SAMR [1]. Group 3: Acknowledgment and Next Steps - Following a verification process, Qualcomm acknowledged the facts related to the acquisition [1]. - SAMR has decided to proceed with the investigation based on clear evidence of illegal concentration of business operators [1]. - SAMR will continue to advance the investigation in accordance with legal and regulatory principles [2].