Qualcomm claims Apple owes them $7 billion in royalties while Apple says 73% of Qualcomm’s patents have expired

“Qualcomm Inc. says its fight with Apple Inc. over how much the chipmaker can charge for essential patented technology used in iPhones and iPads is getting pricey,” Edvard Pettersson and Bill Callahan report for Bloomberg. “‘They’re trying to destroy our business,’ Qualcomm lawyer Evan Chesler said at a hearing Friday in federal court in San Diego. ‘They’re now $7 billion dollars behind in royalties. The house is on fire and there is $7 billion of property damage right now.'”
“Apple, through its manufacturers, halted royalty payments to Qualcomm last year and the tech giants’ showdown has escalated into some 100 legal proceedings around the world,” Pettersson and Callahan report. “Apple argues that Qualcomm is using its intellectual property to bully customers into paying excessive royalties even as it tries to duck scrutiny over whether its patents are valid. ”
Read more in the full article here.
MacDailyNews Take: Apple is destroying your business because it’s a sham that deserves to be destroyed.
Qualcomm’s unreasonable, illogical, and irrational licensing scam, which charges a percentage of the total cost of all components in the phone, even non-Qualcomm components, must end.
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Qualcomm seeks to keep patent claims out of legal fight with Apple – October 26, 2018
Qualcomm and U.S. FTC ask judge to delay ruling to pursue settlement talks – October 16, 2018