Qualcomm owes Apple nearly $1B rebate payment?
Mar. 15, 2019 3:57 AM ETQUALCOMM Incorporated (QCOM), AAPLAAPL, QCOMBy: Yoel Minkoff, SA News Editor52 Comments
- U.S. Federal Judge Gonzalo Curiel has issued a preliminary ruling that Qualcomm (NASDAQ:QCOM) owes Apple (NASDAQ:AAPL) nearly $1B in patent royalty rebate payments, though Qualcomm is unlikely to write a check to Apple because of other developments.
- The trial in their long-running dispute begins next month, centering around a complex cooperation agreement of patent licensing practices, reimbursments and deals not to attack each other in court or with regulators.