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Briefing
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- Qualcomm Countersuit – Qualcomm countersued Apple on April 10, 2017, claiming damages for withheld payments, criticizing Apple for misleading government agencies to think Qualcomm was monopolizing mobile chips market, and asserting Apple understated performance of Qualcomm chips on iPhones
- Previous Apple Suit – Apple sued Qualcomm in January 20, 2017 for $1 billion for charging excessive licensing fees, including technologies for Touch ID, advanced displays, and cameras, which Apple said had nothing to do with Qualcomm
- Obscured Modem Performance – Apple intentionally limits performance of Qualcomm modems in iPhones to download speeds up to 450 Mbps (when it can run peak speeds of up to 600 Mbps) to align with similar Intel technology’s performance and avoid direct comparison
- Lost Market Value – Qualcomm lost almost $14 billion in its market value since Apple filed lawsuit
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Accelerator
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Market Disruption
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Sector
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Information Technology
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Organization
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Apple Inc., Qualcomm Inc.
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Source
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Original Publication Date
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April 12, 2017
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