Qualcomm asks appeals court to pause antitrust ruling's impact

5 years ago
Anonymous $9jpehmcKty

https://finance.yahoo.com/news/qualcomm-asks-appeals-court-pause-050916360.html

Koh ruled that Qualcomm had engaged in anticompetitive patent-licensing practices to keep a monopoly on the mobile chip market. Koh ordered Qualcomm to license its technology to rival chipmakers, which include firms like Taiwan's MediaTek Inc . Qualcomm has been fighting to have the ruling put on hold while it pursues an appeal, which could take more than year.

The San Diego, California company has argued that letting the ruling stand could upend its talks with phone makers over chips for 5G, the next generation of wireless data networks.