Tag: Raymond and James associates

  • Qualcomm files suit against Apple, cites breach of contract, unchecked access to development resources

    On Wednesday, chipmaker Qualcomm filed suit against Apple, claiming Apple has failed to abide by the terms of a software license and said it may have used its unprecedented access to that code to help Qualcomm-rival Intel Corp.

    The two companies are now engaged in a lawsuit over technology licensing fees that Qualcomm charges for patents. Apple has stated that Qualcomm is charging too much and has leveraged its strong market position in chips illegally. Qualcomm has countered that Apple, one of its largest customers, has lied to regulators in an unfair attempt to bully it into charging less.

    Apple currently uses Qualcomm’s chips as modems without its devices to communicate with cellular networks. Apple has widened its supplier base to include Intel for some of the chips, beginning with the iPhone 7. The company has yet to respond to requests seeking comment.

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