Qualcomm and Samsung have strengthened their relationship, which could help the mobile chipmaker fend off its antitrust case in South Korea. As part of an expanded cross-license agreement, Samsung "will be withdrawing its interventions" into Qualcomm's appeal against an $868 million fine announced in 2016 over what the Korean Fair Trade Commission (KFTC) deemed "excessive" licensing fees.

Read more: Qualcomm fends off Korea antitrust woes with Samsung backing

Qualcomm released a statement on January 24 confirming it will appeal a massive fine imposed by the European Commission for alleged market dominance abuse. Earlier that day, the European Commission said in a statement it had decided to fine Qualcomm €997 million ($1.2 billion) for payments it made to Apple in order to secure its leading market position for LTE baseband chipsets.

Read more: Qualcomm to appeal $1.2bn fine by European Commission

Ericsson announced an internal shake-up on Wednesday with the launch of a new unit, Business Area Emerging Business, which will consolidate other units within the company. The new business unit will focus on innovation and new business development, with a focus on IoT and 5G. It will be led by former McKinsey & Company partner Asa Tamsons.

Read more: Ericsson shakes up internal structure consolidating business units

Private equity firm One Equity Partners has partnered with Ericsson on its Media Solutions business and One Equity Partners will become the majority shareholder. Ericsson will retain 49% of the shares in the company. Ericsson remains the owner of Red Bee Media and will continue to develop it as an independent and focused media services business. The terms of the transaction are confidential.

Read more: Private equity firm takes control of Ericsson's media business

Qualcomm issued a letter to investors ahead of its annual stockholder meeting in March, highlighting the "significant" regulatory issues with Broadcom's acquisition proposal. This follows a previous letter issued by Qualcomm last week in which the company demonstrated why Broadcom's "hostile takeover" would "dramatically undervalue" Qualcomm.

Read more: Qualcomm pens letter urging stockholders to reject Broadcom

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