Qualcomm(US:QCOM) Zheng Quan Shi Bao·2025-10-12 08:45Core Viewpoint - The State Administration for Market Regulation (SAMR) has initiated an antitrust investigation into Qualcomm for its acquisition of Autotalks, which was completed without proper notification as required by Chinese antitrust laws [1][2]. Group 1: Investigation Details - In May 2023, Qualcomm announced its acquisition of Autotalks. Following a report, SAMR assessed the transaction and found evidence suggesting it could restrict competition, even though it did not meet the notification threshold [1]. - On March 12, 2024, SAMR formally notified Qualcomm to submit the transaction for approval, prohibiting its implementation until such approval was granted [1]. - Qualcomm subsequently abandoned the transaction on March 14, 2024, but completed the acquisition in June 2025 without notification or communication with SAMR [1]. Group 2: Regulatory Actions - SAMR confirmed that the investigation into Qualcomm's acquisition of Autotalks is a routine enforcement action under the Antitrust Law [1]. - The investigation was prompted by clear evidence and acknowledgment from Qualcomm regarding the violation of the law concerning the acquisition process [1].