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Apple sues Qualcomm over unpaid licensing rebates

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Apple sues Qualcomm over unpaid licensing rebates

Apple claims that Qualcomm is withholding payment of more than $1 billion.

Apple is suing Qualcomm, claiming that the chip maker is withholding over $1 billion in rebates for licensing fees from Apple. The company also accuses that Qualcomm of holding a monopoly on chips for wireless devices such as smartphones and tablets.

From Bloomberg:

Apple is demanding Qualcomm hand over money that was supposed to be a rebate for licensing fees. Qualcomm is holding back the money as punishment for Apple cooperating with Korean antitrust regulators, according to the complaint filed in San Diego, California, where Qualcomm is based.

Last month, South Korea fined Qualcomm 1.03 trillion won (about $890 million), describing the company’s practices as monopolistic. Qualcomm is currently being sued by the U.S. Federal Trade Commission (FTC), while also under investigation by authorities in the European Union and Taiwan.

Qualcomm provides processors, wireless modems, and other chips to smartph…

Apple claims that Qualcomm is withholding cost of greater than $1 billion.

Apple is suing Qualcomm, claiming that the chip maker is withholding over $1 billion in rebates for licensing charges from Apple. The corporate additionally accuses that Qualcomm of retaining a monopoly on chips for wireless units akin to smartphones and drugs.

From Bloomberg:

Apple is not easy Qualcomm hand over cash that used to be intended to be a rebate for licensing charges. Qualcomm is keeping again the cash as punishment for Apple cooperating with Korean antitrust regulators, consistent with the grievance filed in San Diego, California, the place Qualcomm is primarily based.

Ultimate month, South Korea fined Qualcomm 1.03 trillion gained (about $890 million), describing the corporate's practices as monopolistic. Qualcomm is lately being sued through the U.S. Federal Industry Fee (FTC), whilst additionally underneath investigation via government within the Ecu Union and Taiwan.

Qualcomm supplies processors, wireless modems, and different chips to smartphone makers around the globe. Apple particularly uses the corporate's wireless modems, despite the fact that the iPhone 7 and iPhone 7 Plus use wireless modems from Intel in sure fashions.

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