Apple sues Qualcomm
Apple has filed a lawsuit against Korean company Qualcomm. Apple is accusing Qualcomm of charging excessive royalties and withholding payments in retaliation for Apple cooperating with South Korean regulators that are investigating the chip supplier.
It is alleged in the lawsuit that Qualcomm charges an unfair amount for Apple to license its cellular patents. Apple is, therefore, seeking almost $1 billion in rebate payments.
“To protect this business scheme, Qualcomm has taken increasingly radical steps, most recently withholding nearly $1B in payments from Apple as retaliation for responding truthfully to law enforcement agencies investigating them,” Apple said in a statement.
- Previous Adele to perform at 2017 Grammys
- Next Ghanaians react to Sarkodie’s tweet on “submission for exposure”