China has opened an investigation into US chip giant Qualcomm, according to the State Administration for Market Regulation on Friday.
The company is accused of violating the country’s anti-monopoly law in its acquisition of Israeli vehicle semiconductor company Autotalks.
More to follow …
Tesla China posts 36% sales rise, as local rivals’ new models nip at heels
Tesla’s Shanghai factory reported a big year-on-year rise in deliveries last month as it benefited from local governments’ subsidies and increasing interest in electric vehicles (EVs) amid the global energy…