Qualcomm is fined $774 million in Taiwan for refusing to properly license its technology

The Taiwan Fair Trade Commission has fined Qualcomm $774 million for abusing the monopoly it happens to have in the handset market where its chips are widely used in the manufacture of smartphones. With a commanding share of the market in CDMA, WCDMA (3G) and LTE chipsets, the Fair Trade Commission accused the chip maker of holding back on licensing its technology. The Taiwan FTC also is ordering Qualcomm to submit a report twice a year on its negotiations with other firms.

Qualcomm is the middle of similar lawsuits involving Apple and the U.S. FTC. Apple claims that Qualcomm refused to …