975 million dollars is nothing, and tech companies are worse than Qualcomm.

Today, the US mobile chip giant Qualcomm announced that the company will be fined 975 million U.S. dollars (about 6.1 billion yuan) for violating China's anti-monopoly laws, and will also make a number of adjustments to the Chinese market's smartphone patent licensing. The $975 million trillion amount created the highest record of China's antitrust fines, but globally, technology companies have faced antitrust fines and 975 million of dollars are not high. (After all the renminbi is cost-effective, are based on the current exchange rate) in December 2012, the European Union to Philips, LG and other six companies issued a total of 1.47 billion euros fine (about 12.15 billion yuan), on the grounds that these six companies manipulate cathode ray tube prices. In May 2009, the European Commission imposed a fine of $1.44 billion (about 8.762 billion yuan) on Intel Corporation. The reason is that Intel deliberately excludes rival AMD from the market in order to dominate the market, a move that violates EU competition law. In June 2012, the European court upheld a huge antitrust penalty imposed by the European Commission's competition watchdog on Microsoft, which was locked at $1.1 billion trillion (about 7.431 billion yuan). In 2007, the European Union imposed a fine of 750 million euros on the market manipulation of 10 electrical equipment manufacturers such as Siemens, amounting to RMB 6.2 billion.