Much more likely is that a Chinese manufacturer will rip off Qualcomm's IP for "EU market only" phones. EU phones can still use Qualcomm technology but without

Much more likely is that a Chinese manufacturer will rip off Qualcomm's IP for "EU market only" phones. EU phones can still use Qualcomm technology but without them ever seeing a dime for it until they pay their outstanding fines. This is of course the situation driven to the extreme and "not paying market regulator fines" is a line that probably only exists in the economics handbooks of freemen-of-the-land type loonies.