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Share Name | Share Symbol | Market | Type |
---|---|---|---|
QUALCOMM Inc | NASDAQ:QCOM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.92 | 2.97% | 170.77 | 170.70 | 170.77 | 169.64 | 163.79 | 164.51 | 13,104,572 | 00:53:28 |
By Tripp Mickle
A Chinese court ordered Apple Inc. to stop selling older iPhone models in the country after finding the tech giant infringed on two patents held by Qualcomm Inc., the chip supplier said Monday.
The Nov. 30 decision by a Chinese intellectual-property court is the first in the world's largest smartphone market that seeks to curtail iPhone sales.
The preliminary injunction is the latest turn in a long-running legal dispute between Apple and Qualcomm. The San Diego chip company has brought more than a dozen cases against Apple over patent infringement in China.
Qualcomm said the Fuzhou Intermediate People's Court in China found Apple had infringed on two nonstandard essential patents: one related to photo editing and another to swiping on a touch-screen device.
The import and sales ban didn't appear to include Apple's newest devices -- the XS, XS Max and XR -- because those weren't on the market when the patent case was filed.
Write to Tripp Mickle at Tripp.Mickle@wsj.com
(END) Dow Jones Newswires
December 10, 2018 09:21 ET (14:21 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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