- General
- October 27, 2018
- 3 minutes read
Qualcomm says Apple is $7 billion behind in royalty related payments
Apple Chip manufacturer Qualcomm has stated that its battle with Apple related to how much it can charge for essential…
Apple |
Chip manufacturer Qualcomm has stated that its battle with Apple related to how much it can charge for essential patented technology used in its devices is getting costly. As per the company, Apple is $7 billion behind in royalties related to payments concerning this patents.
Apple halted royalty payments last year to Qualcomm which wants as many as 56 patent-related claims and counterclaims dismissed from a lawsuit with Apple and its Asian manufacturers making an argument that these claims count as a sideshow to the larger licensing disputes between the companies.
Apple |
“They’re trying to destroy our business,” Qualcomm lawyer Evan Chesler said at a hearing Friday in a San Diego federal court. “They’re now $7 billion dollars behind in royalties. The house is on fire and there is $7 billion of property damage right now.”
On Apple’s side, it argues that Qualcomm is making use of intellectual property to coerce customers into paying high royalties even as it tries to fend scrutiny concerning validity of the patents. “You can’t just let Qualcomm walk away from this,” Apple lawyer Ruffin Cordell stated at the Friday court hearing.