Entries in Qualcomm (8)
A new phase has begun in the maturation of China as an economic superpower, an era that President Xi Jinping has taken to calling “the new normal.” The ongoing challenge for Beijing is to transition from a largely investment-propelled, export-oriented economy to one increasingly driven by consumption.
China’s State Council has fired one of its senior advisors for allegedly helping Qualcomm Inc. in an anti-trust probe in exchange for $975,000 in consulting fees.
Qualcomm Inc, the world’s biggest mobile chipmaker, could face a FCPA enforcement action over alleged bribery to officials in China’s state-owned firms, the company disclosed in an SEC filing Wednesday.
San Diego-based Qualcomm said this week it has discovered 'instances in which special hiring consideration, gifts or other benefits . . . were provided to several individuals associated with Chinese state-owned companies or agencies.'
Qualcomm said this week it has stepped up a review of its FCPA compliance, while the DOJ and SEC continue to investigate the company.
San Diego-based Qualcomm Incorporated updated its FCPA disclosure last week. It first disclosed in January that a whistleblower complaint triggered an investigation.
San Diego-based Qualcomm Incorporated said this week it is under investigation by the SEC and DOJ for FCPA compliance.