Qualcomm Settles Antitrust Case in Taiwan for $93 Million

Mobile chipmaker Qualcomm Inc. will settle an antitrust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years. The settlement replaces a fine of roughly $778 million imposed by Taiwan’s Fair Trade Commission in 2017, when it accused the U.S. firm of refusing to sell chips to mobile handset makers that wouldn’t agree to its patent-licensing terms.