In October 2025, the State Administration for Market Regulation (SAMR) launched a formal investigation into Qualcomm. The tech giant had acquired Autotalks without properly declaring the concentration of business operators, an act that raised suspicions of violating China's Anti-Monopoly Law. In May 2023, Qualcomm made public its intention to acquire Autotalks. After a thorough evaluation, SAMR determined that although the acquisition did not initially meet the threshold for mandatory declaration, it still had the potential to exclude or restrict competition in the relevant market. In March 2024, SAMR sent a written notice to Qualcomm, formally requesting a declaration of the acquisition's details. In response, Qualcomm decided to abandon the transaction. However, in a surprising turn of events in June 2025, Qualcomm went ahead and completed the acquisition without making any declaration or engaging in prior communication with the regulatory authorities. Following a rigorous verification process, SAMR, acting in accordance with the law, initiated a formal investigation into Qualcomm's actions. Moving forward, SAMR will persist in advancing the relevant investigation work, adhering strictly to the principles of legality, objectivity, and fairness to ensure a just and transparent outcome.