Thursday, November 8, 2018

Apple not in settlement talks 'at any level' with Qualcomm: Report

A United States federal judge ruled on tuesday that chip seller Qualcomm should license some of its technology to competitors such as Intel corporation.

The preliminary ruling came in an antitrust case against Qualcomm brought by the United States Federal Trade Commission in early 2017. The case is scheduled to go to trial next year.

The preliminary ruling by judge Lucy Koh within the United States District Court for the Northern District of American state said that Qualcomm should license some patents involved in creating questionable modem chips, that help smartphones connect to wireless knowledge networks, to rival chip companies.

Qualcomm and therefore the Federal Trade Commission had together asked Koh last month to delay ruling on the problem for up to thirty days whereas they pursued settlement talks.

Koh denied that motion on tuesday.

It was not immediately clear whether or not the ruling would affect the settlement talks. Qualcomm shares were down about 0.3 % to $63.26 (roughly Rs. 4,500) after the news.

Qualcomm did not immediately return a request for comment. The Federal Trade Commission and Intel declined to comment.

Settling with United States regulators would be a turning purpose for the San Diego chip firm, that has been defending its business model amid lawsuits from large customers like Apple and Huawei, further as handling regulatory challenges to its practices round the world.

At issue within the civil proceeding and regulatory disputes is whether or not Qualcomm's patent licensing practices, once combined with its chip business, represent anticompetitive behaviour. Regulators in South Korea and Taiwan initially dominated against Qualcomm, however it's appealed the rulings and settled some of them.

In August, Qualcomm settled with Taiwanese regulators for $93 million associated an agreement to invest $700 million within the country over the next 5 years.

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