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Nairaland Forum / Science/Technology / Phones / Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm (12615 Views)
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Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by yusods(m): 11:53pm On Jan 20, 2017 |
By Diane Bartz Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government filed a lawsuit that accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over a key semiconductor in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that help phones connect to wireless networks. The two companies together accounted for 40 percent of Qualcomm's $23.5 billion in revenue in its most recent fiscal year. In the lawsuit filed in U.S. District Court for the Southern District of California, Apple accused Qualcomm of overcharging for its chips and refusing to pay some $1 billion in promised rebates for chip purchases. Apple said in its complaint that Qualcomm withheld the rebates because of Apple's discussions with South Korea's antitrust regulator, the Korea Fair Trade Commission. "If that were not enough, Qualcomm then attempted to extort Apple into changing its responses and providing false information to the KFTC in exchange for Qualcomm's release of those payments to Apple. Apple refused," Apple said in its lawsuit. Qualcomm did not immediately respond to a request for comment on the Apple lawsuit. The KFTC fined Qualcomm Inc 1.03 trillion won ($854 million) in December for what it called unfair practices in patent licensing, a decision the U.S. chipmaker said it will challenge in court. In February 2015, Qualcomm paid a $975 million fine in China following a 14-month probe, while the European Union in December 2015 accused it of abusing its market power to thwart rivals. In Washington on Tuesday, the U.S. Federal Trade Commission filed a lawsuit against Qualcomm, saying the San Diego-based company used its dominant position as a supplier of certain phone chips to impose "onerous" supply and licensing terms on cellphone manufacturers like Apple and to weaken competitors. Qualcomm said on Tuesday it would contest the FTC complaint. Qualcomm was the sole supplier of modem chips for Apple’s phones until the release of the iPhone 7 in September. Intel Corp supplied about half of the modem chips for the newest models, said Stacy Rasgon, a senior analyst at Bernstein Research. Apple made the move around the same time that Samsung, which had switched to using its own internal chips for its Galaxy S6 phones, returned to Qualcomm for the Galaxy S7. Qualcomm "has been able to manage through (the Apple contract loss) pretty well because they got back Samsung at the same time," Rasgon said. Apple is known for seeking multiple suppliers to keep prices down, said Jim Morrison, vice president of technical intelligence for TechInsights, which tears down devices to analyze their parts. "It promotes competition in the supply chain because everybody wants to be the dominant supplier to Apple," Morrison said. SOURCE : http://mobile.reuters.com/article/idUSKBN1542SG?utm_campaign=trueAnthem:+Trending+Content&utm_content=5882899004d30171def765c3&utm_medium=trueAnthem&utm_source=twitter 1 Like 1 Share |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by willian10: 12:52am On Jan 21, 2017 |
After all the money wey apple don make Like if you think Apple be werey Share if you think it's normal Some people will still click share 23 Likes 40 Shares
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Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by akandry: 7:13am On Jan 22, 2017 |
Let me park here first |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by Emeskhalifa(m): 7:13am On Jan 22, 2017 |
If not for their trend, I personally hate apple company. Set of greedy people there 12 Likes |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by project55: 7:14am On Jan 22, 2017 |
Where is the durlardinho.. .is he dead |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by hamaworld(m): 7:14am On Jan 22, 2017 |
Apple? Orange ni |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by vanshwerz: 7:15am On Jan 22, 2017 |
15 Likes
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Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by sirOrubebe: 7:15am On Jan 22, 2017 |
willian10:My friend stop looking for cheap likes 32 Likes
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Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by bi0nics: 7:16am On Jan 22, 2017 |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by softMarket(m): 7:16am On Jan 22, 2017 |
So I heard Apple,Samsung and microsoft are. Richer than the US govt............how true is this? |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by LoveJesus87(m): 7:17am On Jan 22, 2017 |
. |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by Nobody: 7:22am On Jan 22, 2017 |
How do i benefit from this? |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by Nobody: 7:22am On Jan 22, 2017 |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by registration(m): 7:23am On Jan 22, 2017 |
No-one wants others to be successful. Just yourself 3 Likes |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by willian10: 7:23am On Jan 22, 2017 |
sirOrubebe:.. 1 Like
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Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by sirOrubebe: 7:25am On Jan 22, 2017 |
willian10:
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Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by willian10: 7:29am On Jan 22, 2017 |
sirOrubebe:Dem send u
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Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by SmartMugu: 7:31am On Jan 22, 2017 |
Nothing concern me for this kind matter. Abeg, who get free palm oil for here? Two Maggi cubes also needed. Thanks |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by VastFinder: 7:32am On Jan 22, 2017 |
...and Qualcomm also fire back. SMH! Back to Back. |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by sirOrubebe: 7:34am On Jan 22, 2017 |
willian10:
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Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by dasphinx1(m): 7:35am On Jan 22, 2017 |
Apple is greedy sha..... anyways, make i read comments 1 Like |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by Brigance(m): 7:39am On Jan 22, 2017 |
This is very funny. Coming from Apple Inc that an OEM is overcharging? So yanking off 3.5mm jack for the flimsiest of reason and then replacing it with those pricey earpods is what? cut-edge pricing? Talk of speaking from both sides of the mouth. I actually think that are just scared of the stark fact confronting them; they need Qualcomm. Even Samsung came running back with the s7. 4 Likes |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by Miles300: 7:59am On Jan 22, 2017 |
softMarket:. Even UAE and qatar are not as rich as America ...no company in US is richer than the states |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by skywalker240(m): 8:07am On Jan 22, 2017 |
. 1 Like |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by Nobody: 8:11am On Jan 22, 2017 |
softMarket:Donno how tru. But The money in apple reserve can end poverty in this world. |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by ALAYORMII: 8:12am On Jan 22, 2017 |
Make I find person sue Seun go make sense ooo |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by OHIsIManuEL(m): 8:12am On Jan 22, 2017 |
Miles300:At $90 billion, the Microsoft Corp. co-founder’s net worth is equal to 0.5 percent of U.S. GDP. Its possible, but remove samsung, add google |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by Miles300: 8:21am On Jan 22, 2017 |
OHIsIManuEL:US GDP is 18trillion , don't u think if this companies are so rich more than the govt they can bring down in govt in power in America ? |
Re: Apple Files $1 Billion Lawsuit Against Chip Supplier Qualcomm by RZArecta(m): 8:22am On Jan 22, 2017 |
"Apple is known for seeking multiple suppliers to keep prices down"... Now that's a hilarious joke considering the cost of their phones 3 Likes |
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