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Friday, 22 August 2014

China Says Qualcomm Is Willing to Resolve Dispute

Chinese regulators said Friday that Qualcomm Inc. is willing to make efforts to resolve a dispute that prompted an investigation by Beijing into the company’s pricing practices there.


The National Development and Reform Commission, China’s economic planning body, said in a statement on its website that it met on Thursday with a delegation from the wireless-technology company, including President Derek Aberle. “Qualcomm expressed its willingness to make improvements,” the statement said.


The statement didn’t provide further details. The NDRC didn’t immediately respond to requests for comment. Qualcomm said in an emailed statement that executives met with NDRC officials, discussing “several topics in an effort to reach a comprehensive resolution.” The company is cooperating with the commission, the statement said, adding that the company declined to comment further.


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Laurie Burkitt, Wall Street Journal via CHINA US Focus http://ift.tt/1tzdZtL

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