Still, the EU decision could make Qualcomm more vulnerable to chipmaker Broadcom Ltd’s $103 billion hostile bid, since Broadcom argues it can smooth rocky relations with customers such as Apple.. US chipmaker Qualcomm has been fined $ 1.23bn by the European Union for allowing Apple to exclusively use its chips . The fine will render Qualcomm more vulnerable to Broadcom 's $ 103bn hostile takeover bid . Qualcomm is to appeal against the EU decision . The company defended the fine , saying the Apple deal blocked out other chipmakers , such as Intel .
US chipmaker Qualcomm has been fined $ 1.23bn by the European Union for allowing Apple to exclusively use its chips . The fine will render Qualcomm more vulnerable to Broadcom 's $ 103bn hostile takeover bid . Qualcomm is to appeal against the EU decision . The company defended the fine , saying the Apple deal blocked out other chipmakers , such as Intel .