On 10 February 2015, China's National Development and Reform Commission (NDRC) announced that it was imposing fines of RMB 6.088 billion (approximately USD 975 million) on Qualcomm for abusing its dominant position in the CDMA, WCDMA and LTE wireless communication standard essential patents (SEPs) licensing market and the baseband chip market. The NDRC's decision marked the conclusion of a 15-month investigation which commenced in November 2013.
Given the significance of this record-breaking fine and decision, the NDRC posted a public statement on its website and simultaneously held a press conference both of which provided some preliminary details of its investigation and decision. The complete Administrative Sanctions Decision will be published on a later date.
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