Qualcomm seeks iPhone sales, manufacturing ban in China - Spydar Tech

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Saturday, 14 October 2017

Qualcomm seeks iPhone sales, manufacturing ban in China

Apple earlier this year sued Qualcomm for nearly $1billion over royalties, with Cupertino-based tech giant accusing the chipset company of refusing to negotiate ‘fair terms’.


Chipset company Qualcomm has filed lawsuits in China, seeking to halt the manufacture and sale of Apple’s iPhones in the country.
Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, a company spokeswoman confirmed on Friday, but did not provide further details.
Bloomberg had earlier reported about the lawsuits in China.
Apple’s shares were marginally up, while Qualcomm shares were marginally down in late-afternoon trading.
The iPhone maker has always been willing to pay fair and reasonable rates for the patents it uses, Apple told Reuters in an email.
“In many years of ongoing negotiations with Qualcomm, these patents have never been discussed and in fact were only granted in the last few months,” Apple said.
Apple is waging a global legal battle on Qualcomm’s long-held practice of charging a percentage of the total price of iPhones and other Apple devices as a licensing fee for its patents.
The legal tussle compelled Qualcomm to slash its profit and revenue forecasts. “Apple has now unilaterally declared the contract terms unacceptable; the same terms that have applied to iPhones and cellular-enabled iPads for a decade,” Don Rosenberg, Qualcomm’s general counsel said earlier this year.
Source: Hindustan times

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