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© studio 37 dreamstime.com Business | November 25, 2013

Qualcomm under Chinese investigation

China’s National Development and Reform Commission (NDRC) has commenced an investigation of Qualcomm relating to the Chinese Anti-Monopoly Law (AML).
"The NDRC has advised that the substance of the investigation is confidential. The Company is not aware of any charge by the NDRC that Qualcomm has violated the AML. We will continue to cooperate with the NDRC as it conducts its confidential investigation," the company states in a press release.
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