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Author Topic: Legal war with Apple hits Qualcomm's revenue projections  (Read 375 times)
HCK
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« on: May 02, 2017, 04:05:15 pm »

Legal war with Apple hits Qualcomm's revenue projections

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<p>The legal fight between Apple and Qualcomm on licensing modem technology is turning uglier every day.</p><p>Apple has filed lawsuits against Qualcomm in countries like the U.S., U.K., China, and Japan, accusing the chipmaker of using its dominant market position to overcharge licensing fees.</p><p>The iPhone maker itself doesn't pay licensing fees directly to Qualcomm. The fees are paid by partners like Foxconn, which makes the iPhone and iPad for Apple.</p><p>Qualcomm is now accusing Apple of interfering with the licensing payments owed by those partners. Its revenue forecasts for the third quarter are affected, Qualcomm said.</p><p>The chipmaker on Friday revised its revenue projections for the third fiscal quarter. It is projecting revenue to be between $5.3 billion and $6.1 billion. That range runs between a decrease of 12 percent and an increase of 1 percent, compared to the same quarter last year. The forecast removes royalty revenues from Apple's contract manufacturers.</p><p class="jumpTag"><a href="/article/3193217/legal/legal-war-with-apple-hits-qualcomms-revenue-projections.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

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