Qualcomm in more hot water

Mobile chipmaker Qualcomm is having an Annus horribilis this year with the world and its dog wanting to sue for it playing its monopoly games.

This week the EU joined in and this caused the company’s shares to fall by 5.6 per cent. The outfit had to write a big cheque to make a similar charge from China earlier this year and it is certain to face similar charges from Taiwan, South Korea, and the United States.

At the heart of the problem is the outfit’s licensing model.