Reported 2 days ago
Qualcomm is contesting a £480 million ($646.8 million) lawsuit in London, initiated by consumers alleging that the chipmaker coerced Apple and Samsung into paying excessive royalties due to its dominant market position. The case, brought by the consumers' association Which?, claims that approximately 29 million consumers who purchased iPhones or Samsung phones since 2015 are eligible for compensation. Qualcomm maintains that it has been mischaracterized regarding its licensing policies and asserts its licensing practices are standard across the industry.
Source: YAHOO