viralamo

Menu
  • Technology
  • Science
  • Money
  • Culturs
  • Trending
  • Video

Subscribe To Our Website To Receive The Last Stories

Join Us Now For Free
Home
Technology
Qualcomm wins U.S. antitrust lawsuit appeal over chip licensing
Technology

Qualcomm wins U.S. antitrust lawsuit appeal over chip licensing

12/08/2020

(Reuters) — A U.S. appeals court on Tuesday reversed a lower court ruling against chip supplier Qualcomm in an antitrust lawsuit brought by the Federal Trade Commission.

The United States Ninth Circuit Court of Appeals also vacated an injunction that would have required Qualcomm to change its intellectual property licensing practices.

The decision amounted to a near complete victory for the San Diego company, the largest supplier of chips for mobile phones and also a key generator of wireless communications intellectual property and industry standards.

Qualcomm was fighting a May 2019 decision by U.S. District Judge Lucy Koh in San Jose, California. That judge sided with antitrust regulators, writing that Qualcomm’s practice of requiring phone makers to sign a patent license agreement before selling them chips “strangled competition” and harmed consumers.

The case divided antitrust regulators in the U.S. government, with the U.S. Department of Justice intervening to file a brief in support of Qualcomm.

Qualcomm shares, which were already up since March lows as the company continued to show growth despite a sluggish smart phone market, rose about 4% on the news.

Source link

Share
Tweet
Pinterest
Linkedin
Stumble
Google+
Email
Prev Article
Next Article

Related Articles

Luminance and Omnius are bringing AI to legacy industries – TechCrunch
Artificial intelligence is a powerful tool, but it’s not a …

Luminance and Omnius are bringing AI to legacy industries – TechCrunch

2020 will be a big year for online childcare — here are 7 startups to watch
TechCrunch ist Teil von Verizon Media. Klicken Sie auf ‘Ich …

SpotOn taps $50M to take on Square and more in payments and financial services for SMBs

Leave a Reply Cancel reply

Find us on Facebook

Related Posts

  • 2020 will be a big year for online childcare — here are 7 startups to watch
    Apple acquires Dark Sky, Android version shutting …
    31/03/2020
  • Arduino introduces low-code way to design IoT hardware
    Arduino introduces low-code way to design IoT …
    07/01/2020
  • How the coronavirus may reshape AI research conferences
    Tech industry shifts dollars and manufacturing to …
    25/03/2020
  • Official Monero website is hacked to deliver currency-stealing malware
    Hackers exploit critical vulnerability found in ~100,000 …
    18/02/2020
  • Desperados III jumps into the cowboy tactical action saddle June 16
    Desperados III jumps into the cowboy tactical …
    21/04/2020

Popular Posts

  • Top 10 Movie Flops Everybody Expected To …
    18/01/2021 0
  • What game development methodology can teach the Biden administration about solving the COVID-19 pandemic
    What game development methodology can teach the …
    20/12/2020 0
  • Top 10 Bad Movies That Wasted Great …
    21/12/2020 0
  • Top 10 Crazy Ways To Get Free …
    21/12/2020 0
  • Chinese face-scanning firm CloudMinds rebrands U.S. unit after blacklisting
    Chinese face-scanning firm CloudMinds rebrands U.S. unit …
    21/12/2020 0

viralamo

Pages

  • Contact Us
  • Privacy Policy
Copyright © 2021 viralamo
Theme by MyThemeShop.com

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.I AgreePrivacy policy