Amid China’s retaliation to recently announced U.S. tariffs, Intel may find itself facing China’s regulators, following Google and Apple.
China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times (FT). This would be in addition to the set of tariffs against the U.S. that China announced on Monday. The details of a potential investigation against Intel remain unclear.
While Intel is based in the U.S., China is Intel’s largest market, and the company has testing and assembly facilities there. The company made 29% of its global revenue in China last year, which equates to $15.5 billion.
Earlier, China's State Administration of Market Regulation (SAMR) said it had launched an investigation against Google, which is “suspected of violating the Anti-Monopoly Law of the People's Republic of China.”
This week it was also reported that SAMR is considering initiating a formal investigation into Apple, regarding, among other things, its 30% commissions on in-app spending and barring external payment services and stores.
In addition, last December SAMR opened a probe into US chipmaker Nvidia.
Source: TechCrunch
