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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Report: Qualcomm paid $975,000 to China anti-trust official for ‘consulting fees’

China’s State Council has fired one of its senior advisors for allegedly helping Qualcomm Inc. in an anti-trust probe in exchange for $975,000 in consulting fees.
 
Zhang Xinzhu (pictured), a researcher at the Chinese Academy of Social Sciences and an advisor to the State Council’s Anti-Monopoly Commission, was fired on August 12 for “violating work discipline,” according to a report Monday by the China Compliance Digest.… Continue Reading

SEC recommends action against Qualcomm

Qualcomm Inc, the world’s biggest mobile chipmaker, could face a FCPA enforcement action over alleged bribery to officials in China’s state-owned firms, the company disclosed in an SEC filing Wednesday.

Qualcomm said it received a Wells Notice on March 13 from the SEC’s Los Angeles Regional Office that recommends an enforcement action against the company for bribery in China.… Continue Reading

Qualcomm finds evidence in China investigation

San Diego-based Qualcomm said this week it has discovered ‘instances in which special hiring consideration, gifts or other benefits . . . were provided to several individuals associated with Chinese state-owned companies or agencies.’… Continue Reading

Qualcomm investigation grows

Qualcomm said this week it has stepped up a review of its FCPA compliance, while the DOJ and SEC continue to investigate the company.

San Diego-based Qualcomm hasn’t identified what business units or countries are involved or the amounts of any alleged sensitive payments.… Continue Reading

Qualcomm’s New Disclosure

San Diego-based Qualcomm Incorporated updated its FCPA disclosure last week. It first disclosed in January that a whistleblower complaint triggered an investigation.

Qualcomm provides wireless technology and services. Revenues last year were about $15 billion.… Continue Reading

Qualcomm’s Whistleblower Woes

San Diego-based Qualcomm Incorporated said this week it is under investigation by the SEC and DOJ for FCPA compliance.

Qualcomm learned about the DOJ investigation late last month. It said the U.S.… Continue Reading