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Trade Commission will investigate Qualcomm's claims against Apple

Published 08/08/2017, 02:29 PM
© Reuters.  Trade Commission will investigate Qualcomm's claims against Apple
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Investing.com - The U.S. Trade Commission issued a statement on Tuesday that it will investigate Qualcomm Incorporated's (NASDAQ:QCOM) claims against Apple Inc (NASDAQ:AAPL) for patent infringement. The Commission said the investigation should be completed within the next 45 days.

Qualcomm has accused Apple of infringing on patents with its iPhone7 and other devices. In January, Apple sued Qualcomm for $1 billion on claims that the supplier was improperly charging royalties on tech it didn’t own, and then in May In Qualcomm sought an injunction requiring Apple’s contract manufacturers to pay royalties and said Apple was encouraging the non-payment. In July, Qualcomm asked a court to ban sales of iPhones containing technology that the company has patented.

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