Qualcomm says Apple $7 billion behind in royalty payments

Technology

[ad_1]

FILE PHOTO: An Apple logo is seen in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson

(Reuters) – Qualcomm Inc (QCOM.O) said in a court hearing on Friday that Apple Inc (AAPL.O) is $7 billion behind in patent royalty payments to the mobile chip firm, which for years supplied parts for the iPhone.

Apple and Qualcomm are involved in a series legal actions. Apple has accused Qualcomm of unfair patent licensing practices. Qualcomm, the world’s largest mobile phone chip supplier, has in turn accused Apple of patent infringement.

Qualcomm made its comments about the size of Apple’s unpaid royalties in a hearing in one of the cases in federal court in San Diego. Apple has disputed the amount of royalties that it owes to Qualcomm.

Apple has argued that Qualcomm is forcing it to pay for the same patents twice, once when Apple uses Qualcomm’s chip in iPhones and then again through patent royalties. Qualcomm has argued that its practices are legal and that Apple is seeking to destroy Qualcomm’s business model after agreeing to it for years.

Reporting by Arjun Panchadar in Bengaluru and Stephen Nellis in San Francisco

[ad_2]

Source link

Loading...

Articles You May Like

Commentary: Lessons on hospitality from a Phuket resort dealing with COVID-19’s impact
Two Hong Kong political films win at Taiwan Golden Horse Awards
Hong Kong, world’s most visited city, faces tourism bust
China’s Xi Jinping congratulates Joe Biden, hopes for ‘win-win’ ties
Asia-Pacific Nations, Including China, US, Commit to Free and Open Trade

Leave a Reply

Your email address will not be published. Required fields are marked *