China is looking at launching a formal probe into Intel (INTC) as the country revives antitrust probes into Google (GOOGL) and Nvidia (NVDA), The Financial Times’ Zijing Wu, Cheng Leng, Ryan McMorrow, and Tim Bradshaw Report. A source says whether such a probe is officially launched on Intel could depend on U.S.-China relations. China’s State Administration for Market Regulation on Tuesday announced it had opened a competition investigation into Google, and two people familiar with the matter say the probe will focus on dominance of the group’s Android operating system and any harm caused to Chinese phonemakers, such as Oppo and Xiaomi, which use the software.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC:
Questions or Comments about the article? Write to editor@tipranks.com