Qualcomm(US:QCOM) Yang Shi Xin Wen·2025-10-12 08:28Core Viewpoint - The State Administration for Market Regulation (SAMR) has initiated an antitrust investigation against Qualcomm for allegedly violating the Anti-Monopoly Law of the People's Republic of China [1][2]. Group 1: Investigation Details - The investigation is part of SAMR's routine enforcement work under the Anti-Monopoly Law [1]. - In May 2023, Qualcomm announced its acquisition of Autotalks. Following a report, SAMR assessed that the acquisition, while not meeting the reporting threshold, could potentially restrict competition [1]. - On March 12, 2024, SAMR formally notified Qualcomm to submit a report regarding the acquisition, stating that the transaction could not proceed without approval [1]. - Qualcomm responded on March 14, 2024, indicating its decision to abandon the transaction [1]. - However, in June 2025, Qualcomm completed the acquisition of Autotalks without submitting a report or communicating with SAMR [1]. - After receiving a report, SAMR verified the facts, and Qualcomm acknowledged the relevant facts, leading to the formal investigation into Qualcomm's unlawful implementation of the acquisition [1]. Group 2: Future Actions - SAMR will continue to advance the investigation in accordance with legal and regulatory principles, ensuring objectivity and fairness [2].