Synopsis
Prime Minister Narendra Modi met Qualcomm CEO Cristiano Amon, praising the company’s support for India’s semiconductor and AI initiatives. The meeting comes after China launched an antitrust probe into Qualcomm’s acquisition of Israeli chipmaker Autotalks, examining whether the company failed to comply with China’s regulatory disclosure requirements.
“Great to see Qualcomm’s commitment towards India’s semiconductor and AI missions,” Modi said in a post on X.
On Friday, China initiated an investigation into the U.S. semiconductor manufacturer over its acquisition of Israel’s Autotalks, China’s market regulator said.
China’s State Administration for Market Regulation said the probe would look at whether Qualcomm violated China’s antitrust law by not lawfully declaring some details in its acquisition of the Israeli chip designer.
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