Chinese Regulators Are Investigating Qualcomm's Acquisition Of Autotalks

China's antitrust regulator has opened an investigation into Qualcomm's acquisition of Israeli connected-vehicle spot institution Autotalks. The State Administration for Market Regulation (SAMR) alleges that Qualcomm is suspected of violating China's anti-monopoly laws by not disclosing definite specifications of nan deal.

Qualcomm had initially agreed to get nan fabless spot institution successful 2023 to grow its Snapdragon portfolio into much automotive applications. Autotalks creates chips, sensors and vehicle-to-everything (V2X) connection tech centered successful portion connected information for vehicles. It has been a fewer months since nan acquisition was finalized, pinch nan caller probe coming amid waste and acquisition negotiations betwixt nan United States and China.

The woody was antecedently investigated by some nan US Federal Trade Commission and nan UK's Competition and Markets Authority, pinch Qualcomm temporarily abandoning nan acquisition successful early 2024. The nonstop process of really nan woody was reopened is not clear, arsenic nan acquisition was only announced erstwhile it had been finalized and received regulatory approval

Last month, SAMR said that NVIDIA's $6.9 cardinal acquisition of Mellanox besides ran afoul of nationalist regulations. The regulators besides said nan woody violated conditional position outlined by regulators connected first approval. The Financial Times reported that China's regulators held connected to that determination for months, purportedly to summation leverage successful waste and acquisition discussions pinch nan US.

The bulk of these investigations person travel while nan US and China are engaged successful negotiations astir a TikTok deal, tariffs, waste and acquisition and more. Today China drastically expanded its export controls for uncommon world minerals, targeting defense and semiconductor companies extracurricular nan country.