Qualcomm to pay Apple $1bn in rebate

Donna Miller
March 18, 2019

The court ruled against Apple, as the jury explains that the company violated three different patents and must pay a total of $31 million in damages. Qualcomm jumped as much as 3.5 percent before finishing up 2.2 percent at the close in NY trading.

While the damages awarded Friday aren't significant to either company, from Qualcomm's perspective, valuing just three of its more than 10,000 patents at $1.41 per phone shows the overall worth of its inventions.

But, in yesterday's ruling, Curiel determined that Apple did not file its 2017 lawsuit against Qualcomm for breaking the agreement during the time period of the BCPA, which ended on 31 December 2016.

The trial is a fragment of a legal battle involving Apple and Qualcomm, which are sparing over who invented some of the technology used for key features in smartphones and other mobile devices.

In a statement, Apple said it was disappointed with the outcome.

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Qualcomm in turn alleged that it stopped paying the rebate payments because Apple had broken the agreement by urging other smartphone makers to complain to regulators and making "false and misleading" statements to the Korean Fair Trade Commission, which was investigating Qualcomm over antitrust allegations.

San Francisco- A U.S. court has ruled that Qualcomm owes Apple close to $1 billion in rebate payments. About 1.4 billion smartphones were sold previous year, according to IDC.

Qualcomm late previous year escalated a legal war with Apple, accusing the iPhone maker of stealing secrets and sharing them with mobile chip rival Intel, according to court documents. "And Apple's filing of the lawsuit does not retroactively relieve Qualcomm of past payment obligations".

"Today's unanimous jury verdict is the latest victory in our worldwide patent litigation directed at holding Apple accountable for using our valuable technologies without paying for them", said Don Rosenberg, Qualcomm executive vice president and general counsel. In a statement for Bloomberg, Cupertino accused Qualcomm of trying to switch the attention from what it describes as "larger issues", all using such patent violation claims.

The ruling cuts a big hole in Qualcomm's counterclaims that are part of a contract dispute with Apple scheduled to go to trial in April.

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