China's top market regulator has described its investigation into Qualcomm's unapproved acquisition of Autotalks as a routine law enforcement activity conducted under the country's anti-monopoly law.

China has consistently emphasized that China-U.S. economic and trade relations are mutually beneficial and based on interdependence. It has called on the two sides to properly handle differences through dialogue and consultation, and to promote the steady and healthy development of bilateral economic ties.

Recent tensions over semiconductors and other high-tech industries have underscored the deep interconnection between the world's two largest economies. Despite competition, analysts note that both sides remain reliant on each other in key sectors such as chips, new energy and green supply chains.

China continues to advance technological self-reliance and industrial upgrading, while remaining open to cooperation that supports global innovation and stable supply chains.

According to an official with the State Administration for Market Regulation (SAMR), the authority intervened although the deal fell below standard notification thresholds, as it had evidence the merger could have an anti-competitive effect.

SAMR notified Qualcomm in writing on March 12, 2024, to file the concentration for review and not to proceed with the transaction until it was cleared.

Qualcomm stated in a letter two days later that it would abandon the transaction, but proceeded to complete the acquisition in June 2025 without any filing or communication with the regulator, said the official.

Following new complaints, SAMR verified the facts, which Qualcomm acknowledged, leading the regulator to formally open a case for the illegal implementation of a concentration of undertakings.

SAMR will continue to advance the investigation in an objective and impartial manner in accordance with laws and regulations, the official added.