Alternative Search Engine

Qualcomm shares rise after jury finds Apple infringed on three patents

https://www.cnbc.com/2019/03/15/qualcomm-shares-rise-after-jury-finds-apple-infringed-on-three-patents.html
See More From: cnbc.com   ( Money & Markets > Headlines )

Mar 15, 2019 2:30 PM 1+ week ago

Qualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 on January 6, 2017 in Las Vegas, Nevada.

Mobile phone chip supplier Qualcomm on Friday won a legal victory against iPhone maker Apple, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents.

Qualcomm last year sued Apple alleging it had violated patents related to helping mobile phones get better battery life. During an eight-day trial, Qualcomm asked the jury to award it unpaid patent royalties of up to $1.41 per iPhone that violated the patents.

"The technologies invented by Qualcomm and others are what made it possible for Apple to enter the market and become so successful so quickly," Don Rosenberg, Qualcomm's general counsel, said in a statement. "We are gratified that courts all over the world are rejecting Apple's strategy of refusing to pay for the use of our IP."

Steve Mollenkopf, chief executive officer of Qualcomm ...

Read More

Search Builder

(Click to add to search box)
San Diego jury  CEO Steve Mollenkopf  iPhone maker Apple  business model  Las Vegas  patent lawyer  settlements discussions  Intel Corp  device makers  phone makers  patent portfolio  practice Apple  New York  Apple executives  license fees  chip giant  chip supplier  licensing practices  Gaston Kroub  United States  handling appeals  business practices  San Diego  Don Rosenberg  Steve Mollenkopf  chip market  patent practices  Qualcomm patents  court rules Apple  iPhones San Diego  Qualcomm patent  Qualcomm patent Corrected  Qualcomm patent Qualcomm  patents Apple  court jury  Chinese Court  iPhones Apple  

**Content contained on this site is provided on an “as is” basis. 4Internet, LLC makes no commitments regarding the content and does not review it, so don't assume that it's been reviewed. What you see here may not be accurate and should not be relied upon. The content does not necessarily represent the views and opinions of 4Internet, LLC. You use this service and everything you see here at your own risk. Content displayed may be subject to copyright. Content is removed on a case by case basis. To request that content be removed, contact us using the following form: Contact Us.