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QCOM QUALCOMM Inc

179.85
-2.00 (-1.10%)
08 May 2024 - Closed
Delayed by 15 minutes
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
  -2.00 -1.10% 179.85 179.56 180.00 184.31 179.22 182.45 8,011,057 00:58:21

Qualcomm Comments on Apple Complaint

21/01/2017 12:57am

PR Newswire (US)


QUALCOMM (NASDAQ:QCOM)
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SAN DIEGO, Jan. 20, 2017 /PRNewswire/ -- "While we are still in the process of reviewing the complaint in detail, it is quite clear that Apple's claims are baseless. Apple has intentionally mischaracterized our agreements and negotiations, as well as the enormity and value of the technology we have invented, contributed and shared with all mobile device makers through our licensing program. Apple has been actively encouraging regulatory attacks on Qualcomm's business in various jurisdictions around the world, as reflected in the recent KFTC decision and FTC complaint, by misrepresenting facts and withholding information. We welcome the opportunity to have these meritless claims heard in court where we will be entitled to full discovery of Apple's practices and a robust examination of the merits," said Don Rosenberg, executive vice president and general counsel, Qualcomm Incorporated.

About Qualcomm

Qualcomm's technologies powered the smartphone revolution and connected billions of people.  We pioneered 3G and 4G – and now, we are leading the way to 5G and a new era of intelligent, connected devices. Our products are revolutionizing industries including automotive, computing, IoT and healthcare, and are allowing millions of devices to connect with each other in ways never before imagined.  Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including our semiconductor business, QCT, and our mobile, automotive, computing, IoT and healthcare businesses.

To learn more, visit Qualcomm's website, blog, Twitter and Facebook pages.

Qualcomm Contacts:
Tina Asmar, Public Affairs
Phone:  1-858-845-5959
Email: corpcomm@qualcomm.com

John Sinnott, Investor Relations
Phone:  1-858-658-4813
Email: ir@qualcomm.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/qualcomm-comments-on-apple-complaint-300394418.html

SOURCE Qualcomm Incorporated

Copyright 2017 PR Newswire

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