An Interest In:
Web News this Week
- March 24, 2024
- March 23, 2024
- March 22, 2024
- March 21, 2024
- March 20, 2024
- March 19, 2024
- March 18, 2024
November 29, 2019 06:02 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/jwNYa3HhcPo/intel-says-it-sold-its-modem-chip-business-to-apple-at-a-multi-billion-dollar-loss-because
Intel Says It Sold Its Modem Chip Business To Apple at 'a Multi-Billion Dollar Loss' Because Qualcomm Tactics Left It With No Other Choice
Intel sold its smartphone modem chip business to Apple at "a multi-billion dollar loss," the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm forced it out of the market. From a report: Intel made the claims in a brief filed with the 9th U.S. Circuit Court of Appeals, where Qualcomm is seeking to overturn a sweeping antitrust decision against it after losing a lawsuit by the U.S. Federal Trade Commission. Intel, whose executives testified at the trial, argued on Friday that the ruling should stand. Appeal proceedings are expected to begin in January. In a 233-page decision issued in May, U.S. District Judge Lucy Koh in San Jose wrote that Qualcomm's patent licensing practices "strangled competition" in parts of the market for modem chips that connect smartphones to mobile data networks. She ordered the San Diego-based company to renegotiate licensing agreements at reasonable prices.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/jwNYa3HhcPo/intel-says-it-sold-its-modem-chip-business-to-apple-at-a-multi-billion-dollar-loss-because
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot