Apple in Jan 2017 filed a million dollars royalty lawsuit against the leading chip-maker company of the world, Qualcomm. Apple suited against Qualcomm on the basis that the money it is making from licensing its patents to technology makers was actually charging Apple for patents. Apple also cited in its claim that Qualcomm is charging it due to the inflating prices through its licensing model. In response to Apple, Qualcomm Countersuits Apple Claiming that it Refuses to Value its Technology.
Qualcomm Countersuits Apple Claiming that it Refuses to Value its Technology
Qualcomm hit back with a countersuit claiming that Apple has refused to acknowledge “value of its technology.”
Executive VP Qualcomm Don Rosenberg said that:
“Apple could not have built the incredible iPhone franchise that has made it the most profitable company in the world, capturing over 90 percent of smartphone profits, without relying upon Qualcomm’s fundamental cellular technologies. Now, after a decade of historic growth, Apple refuses to acknowledge the well established and continuing value of those technologies,”
Additionally, Qualcomm has also claimed that Apple had “breached and mis-characterized the agreements & negotiations with Qualcomm.”
The interesting things came into light with the release of iPhone 7 as the device has two versions available in the US; modems from both Qualcomm and Intel. In response to this, Apple shared with media that the Intel powered iPhone 7 performed well as compared to Qualcomm-powered one.