Apple sued Qualcomm today, alleging that the mobile chip giant owes it at least a billion dollars in unpaid rebates and agreements. Apple further states that Qualcomm “attempted to extort Apple into changing its responses and providing false information to the KFTC [Korean FTC] in exchange for Qualcomm’s release of …
Read More »FTC sues Qualcomm over chip licensing strategy, alleges antitrust abuses
The Federal Trade Commission has filed suit against Qualcomm, alleging that the company exploited its position as the dominant provider of baseband radios for LTE devices. In its brief, the FTC argues that Qualcomm used its position to extort higher royalties from smartphone manufacturers. The FTC asserts that Qualcomm enforces …
Read More »
#Bizwhiznetwork.com Innovation ΛI |Technology News