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Qualcomm Responds to Apple's $1 Billion Lawsuit

Qualcomm Responds to Apple's $1 Billion Lawsuit

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Qualcomm has issued an official statement on Apple's $1 billion lawsuit alleging the company withheld payments in retaliation to Apple's truthful response to law enforcement agencies who were investigating them.

The FTC has charged Qualcomm with using anticompetitive tactics to maintain its monopoly in the supply of baseband processors used in cellular phones.

Here is Qualcomm's full statement:

“While we are still in the process of reviewing the complaint in detail, it is quite clear that Apple’s claims are baseless. Apple has intentionally mischaracterized our agreements and negotiations, as well as the enormity and value of the technology we have invented, contributed and shared with all mobile device makers through our licensing program. Apple has been actively encouraging regulatory attacks on Qualcomm’s business in various jurisdictions around the world, as reflected in the recent KFTC decision and FTC complaint, by misrepresenting facts and withholding information. We welcome the opportunity to have these meritless claims heard in court where we will be entitled to full discovery of Apple’s practices and a robust examination of the merits,” said Don Rosenberg, executive vice president and general counsel, Qualcomm Incorporated.

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Qualcomm Responds to Apple's $1 Billion Lawsuit

SayingWhatEveryonesThinking - January 23, 2017 at 6:12am
If Qualcomm is actually preventing Apple from innovating and releasing new technologies, like WiMAX, I wish for a swift death to Qualcomm.
The Truth - January 23, 2017 at 6:10am
Qualcomm has held US cellphone providers hostage for too long. It's about time someone stood up to them.
Lol - January 23, 2017 at 4:13am
Hahahahaha we're not fanboys, it's your hatred for Apple that blinds you from seeing what a great business Apple actually is.
Richard Burns - January 22, 2017 at 3:21am
Yeah that's it, what an idiot
Kk - January 22, 2017 at 1:43am
Apple is attacking its partners because they really need more income since macbook pro and iphone 7 is not selling as much as they hoped to be because of reasons. (Headphone jack, usb type b port)
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