Apple Sues Qualcomm Over Patent Royalties in Antitrust Case
- Apple claims chipmaker is withholding more than $1 billion
- IPhone maker also challenges Qualcomm’s patent royalty rate
Apple Sues Qualcomm Over Patent Royalties
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Apple Inc. sued Qualcomm Inc., accusing it of monopolizing the market for chips for wireless devices and withholding $1 billion in retaliation for cooperating with South Korean antitrust authorities.
Apple is demanding Qualcomm hand over money that was supposed to be a rebate for licensing fees. Qualcomm is holding back the money as punishment for Apple cooperating with Korean antitrust regulators, according to the filed in San Diego, where Qualcomm is based.