Qualcomm has opened a new R&D facility in South Korea to strengthen its collaboration with handset vendors and mobile operators in developing chip technologies for smartphones. Two of the largest Korean handset makers, Samsung and LG, are both major Qualcomm customers.
The company’s CEO, Paul Jacobs, also confirmed a $4 million investment in a local chipmaker, PULSUS Technologies, which technology transforms audio signals and allow them to be amplified digitally.
However, despite the new investment, Qualcomm remains in dispute with the country’s regulators over alleged anti-competitive pricing. Last year, the Korea Fair Trade Commission slapped the company with a record KWR260 billion (about $208 million) fine for violating the country’s fair competition rules…
[Via: GSMA]