investorschatroom.com

Science

Qualcomm Q4 Profits Drops 90%, Loser In Legal Battle With Apple

Share

However, Qualcomm alleges that Apple tried to share the confidential information with Intel, which now supplies a baseband modem found in iPhones. In addition, says Qualcomm, Apple requested proprietary information from Qualcomm and included an engineer from a competitor (read, Intel) in the email distribution list.

Bloomberg reports that Qualcomm (NASDAQ:QCOM) filed a new lawsuit against Apple (NASDAQ:AAPL) yesterday accusing the iPhone maker of using its chip software access to benefit Intel (NASDAQ:INTC).

Apple will reportedly not use any Qualcomm components in 2018 (CNET/CBS Interactive).

Qualcomm has not alleged that Intel chips violate its patents but claims that the way Apple implements them in the iPhone does. That same month, Apple's contract manufacturers joined its countersuit against Qualcomm saying the lawsuit against them is "yet another chapter of Qualcomm's anticompetitive scheme to dominate modem chip markets, extract supracompetitive royalties, and break its commitments to license its cellular technology on fair, reasonable and non-discriminatory terms".

Apple Releases iOS 11.1 And macOS 10.13.1 To Fix KRACK
Beyond the merriment of new emoji to play with, iOS 11.1 delivers an important patch for the worrying Krack Wi-Fi vulnerability . It's been through many rounds of beta testing, too, so we sort of already knew that it was coming and what it might feature.

Blow for Man United as Jose Mourinho provides Paul Pogba injury update
They go to Chelsea on Sunday in the Premier League but Mourinho said: "Nobody here thinks about another match than Benfica ".

Two House Panels Launch Investigation Into FBI's 2016 Decisions
Nunes, who stepped aside from his panel's Russian Federation probe amid controversy in April, said the uranium inquiry was a separate matter.

The chip maker's latest move takes the form of a lawsuit that was submitted to the California state court in San Diego on Wednesday and hit the news cycle this morning.

Qualcomm CEO Steve Mollenkopf suggested that the company would likely settle with Apple out of court and it could be a situation "where a solution just appears".

Qualcomm fires back at Apple supporters.

If Qualcomm loses that business, it would cut the company's revenue by about 7.5 percent, Raymond James & Associates estimates. Apple and Qualcomm have been in a messy legal dispute since the start of the year.

Share