Split decisions on Tuesday by a U.S. government panel in acrimonious patent disp...
- Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left their battle lines largely unchanged ahead of a U.S Federal Trade Commission ruling and a major trial next month.
In both cases Qualcomm Inc sought to have imports of Apple Inc iPhone 7, 8 and X models containing chips made by Intel Corp banned. Because iPhones are made overseas, banning imports would choke Apple’s sales of the phones in the United States. After praising the first decision in its favor, Qualcomm did not immediately comment after the second ruling. The company has contended that iPhones with Intel chips benefit from Qualcomm patents and that Apple underpays royalties.
The focus moves now to upcoming skirmishes that will likely be more important. A ruling is expected soon in an antitrust case brought by the U.S. Federal Trade Commission accusing Qualcomm of abusing a monopoly on mobile chip technology. But the stocks reversed direction in late trading after the announcement of the binding decision that favored Apple. Apple shares were up .73 percent and Qualcomm shares down .69 percent.
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