Anti-graft watchdog targets former China Telecom head

China Telecom’s former president and chief engineer, Leng Rongquan, is under investigation for “suspicion of serious violations of the law” by the country’s top anti-graft agency. Reuters reported that the Central Commission for Discipline Inspection (CCDI) has opened the probe …

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Qualcomm faces antitrust probe in South Korea — report

Just days after Qualcomm was fined almost $1 billion by China’s antitrust regulator and agreed to modify its licensing practices, South Korea’s Fair Trade Commission reportedly has launched an investigation of the US chipmaker. The commission will investigate whether Qualcomm …

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Qualcomm confirms 600 jobs to go — report

Qualcomm is to cut 600 jobs around the world as part of efforts to refocus its business in new areas, a company representative confirmed to CNET. The chipmaker faces a number of challenges, including several investigations into its business practices …

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