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Premier Li comments on Qualcomm monopoly case

Qualcomm Inc's opportunities in China will be far greater than its challenges, Premier Li Keqiang said on Thursday as the US mobile chipmaker prepares to face a potentially record-breaking fine for monopoly violations in the country. Li's comments, made at the World Internet Conference, were the first by a senior Chinese leader since Qualcomm came under investigation by the anti-monopoly regulator, the National Development and Reform Commission, in November 2013. The company has been in talks with the regulator, with a settlement expected soon. Speaking at an event with Qualcomm Executive Chairman Paul Jacobs and other technology executives, Li said he believed Qualcomm could come to a solution with Chinese authorities but emphasized the need for a "level playing field" for tech companies in the Chinese market.

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