SAN DIEGO — November 25, 2013 — Qualcomm Incorporated (NASDAQ: QCOM) today reported that 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.
Qualcomm Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm’s licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm’s engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.
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November 25, 2013
November 25, 2013China’s National Development and Reform Commission Notifies Qualcomm of Investigation China’s National Development and Reform Commission Notifies Qualcomm of Investigation