Qualcomm Faces £480m Lawsuit as China and India Advance in Chip Market - October 2025

A consumer group's case against chip giant Qualcomm could lead to a share of a £480 million payout for nearly 30 million UK consumers who bought Apple or Samsung smartphones between 2015 and 2024. Meanwhile, China is rapidly challenging Nvidia's dominance in AI chips, with major tech firms and government backing pushing for self-reliance. As India also pushes its semiconductor industry, ASML executive Frank Heemskerk praised Prime Minister Narendra Modi's business-friendly approach. Heemskerk stated it's easier to meet with senior officials in the White House than with EU commissioners.