- Bloomberg Intelligence analyst Matt Larson says legal decisions in 2H could determine whether Apple (NASDAQ:AAPL) and Qualcomm (NASDAQ:QCOM)
- The companies are involved in over 50 different IP and antitrust proceedings in 16 jurisdictions across six countries.
- Next week, the Washington-based International Trade Commission will begin hearing Qualcomm’s argument about three infringed patents. The company is asking for a ban on all iPhone 7 imports that don’t include Qualcomm chips.
- A German court will soon decide on a case arguing that iPhones using Intel (NASDAQ:INTC) chips infringe on Qualcomm patents and shouldn’t be sold in that market. A judge already partially agreed with Qualcomm, but the case is on hold while the patent office decides if the patent is valid.
- China’s Patent Review Board starts hearings this month for Apple’s request to invalidate patents that Qualcomm is trying to use against the company.
- Larson says the decisions for these cases could come in Q3 and says the China case could carry the most weight.
- Apple shares are down 0.1% premarket to $191.70.
- Qualcomm shares are up 0.5% to $60.55.
- Previously: Qualcomm lists three concessions for ending Apple legal fight (May 1)
- Now read: Podcast: Apple 2018 Worldwide Developer's Conference
Original article