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Do note, this is only a punitive fine. The fine is limited to 4% of annual revenue (afaik), but it is a regulatory acknowledgement of wrongdoing. The fact that
by detuur 9y ago
Do note, this is only a punitive fine. The fine is limited to 4% of annual revenue (afaik), but it is a regulatory acknowledgement of wrongdoing. The fact that this fine is at the near maximum of the limit also cements the idea that this was a grave violation. This opens up the door to lawsuits from competitors, which can impose damages which are much, much greater, which in my knowledge aren't limited by revenue and can easily exceed all the money a company has ever made. This is the sort of stuff that can kill your business.
Qualcomm has to tread very carefully now.