Apple sues Qualcomm in Beijing seeking 1 billion yuan

Written by Daniel van Herck :: [Thursday, 02 February 2017 16:08]
Created Thursday, 02 February 2017 Hits 376 views
By Diane Bartz | WASHINGTON Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan ($145.32 million) in damages, Beijing's Intellectual Property Court said in a statement on Wednesday. Apple also filed a second lawsuit against Qualcomm which accused it of failing to live up to promises made to license "standard essential patents" broadly and inexpensively. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that connect phones to wireless networks. The two companies together accounted for 40 percent of Qualcomm's $23.5 billion in revenue in its most recent fiscal year. (read in Reuters)
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