"Qualcomm uses its monopoly power to make [handset manufacturers] pay a royalty overcharge -- a tax -- when buying modem chips from its competitors," the FTC said Friday. The PHLX Semiconductor Sector Index (SOX) is a capitalization-weighted index composed of 30 semiconductor companies. Qualcomm Chip Aims to Fuel Competitors of Apple. Wireless chip giant Qualcomm (QCOM), resisting a hostile takeover attempt by fellow chip giant Broadcom (AVGO), today unveiled details of … "Qualcomm … Investopedia uses cookies to provide you with a great user experience. 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