HomeHubsAppleNo "settlement" talks with Qualcomm says Apple

No “settlement” talks with Qualcomm says Apple

Reader's Pick

Apple is not in talks “at any level” to settle its wide-ranging legal dispute with mobile chipmaker Qualcomm, according to a source familiar with the matter.

In the past, Apple used Qualcomm’s modem chips in its flagship iPhone models to help them connect to wireless data networks. But early last year, Apple sued Qualcomm in federal court in San Diego, alleging that the chip company’s practice of taking a cut of the selling price of phones as a patent license fee was illegal.

Qualcomm denied the claims and has alleged that Apple owes it $7 billion (roughly Rs. 50,600 crores) in unpaid royalties.

A source familiar with the situation said this week that there are no settlement talks between Apple and Qualcomm.

- Advertisement -

“There is absolutely no meaningful discussion taking place between us and Qualcomm, and there is no settlement in sight,” the person said. “We are gearing up for trial.”

Qualcomm did not immediately respond to a request for comment.

The case is to go to trial early next year and has spawned related legal actions in other courts around the world. In July, Qualcomm’s chief executive, Steve Mollenkopf, told investors on the company’s quarterly earnings call that the two companies were in talks to resolve the litigation.

“We continue to talk. We also have a number of … legal strategies that are in flight,” Mollenkopf said on the call. “And we hope that through the combination of either those paths, we could get to a resolution, and we’re confident that we will.” In addition to its dispute with Apple, Qualcomm is in a dispute with another phone maker, widely believed by analysts to be China’s Huawei Technologies Co, that is withholding payments. But talks with Huawei appear to be progressing.

- Advertisement -

In July, Qualcomm received what its patent licensing chief, Alex Rogers, called a “good faith partial payment” of $500 million (roughly Rs. 3,600 crores) from the non-paying phone maker, which Qualcomm executives said was a sign of progress in the talks. Qualcomm is slated to receive $200 million more in such payments, the executives have said.

Qualcomm is also trying to settle an antitrust lawsuit brought against it by the US Federal Trade Commission days before Apple filed its lawsuit.

But that effort suffered a setback on Tuesday, when a federal judge in San Jose, California, issued a preliminary ruling saying that Qualcomm must license some patents involved in making modem chips to rivals such as Intel Corp, a move that could jeopardize Qualcomm’s existing licensing practices

close

Stay on top of Budget 2023 with our newsletter

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.
 

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countri...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

NASA astronauts to carry first ever all-female spacewalk on 29 March

Two NASA astronauts are scheduled to carry out the first ever all-female spacew...

Logistics 4.0: Creating a value chain through smart interconnected technologies

Businesses are keeping up with the changing digital environment to stay competi...

Budget 2022-23: Technology, SaaS, AI & ML Sector Reactions

Technology market reaction on Budget 2022-23: As Finance Minister Nirmala Sitha...

Key Challenges that lie ahead for the Cyber security industry

The global pandemic triggered a need for digitization. While this has many adva...