Qualcomm files lawsuits in China to ban iPhones: Bloomberg

October 13, 2017 5:15 PM

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REUTERS: Qualcomm Inc filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc's iPhones in the country, Bloomberg reported on Friday.

Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, Bloomberg said, citing a Qualcomm spokeswoman. (https://bloom.bg/2z6qMwu)

Apple's shares were up marginally, while Qualcomm shares were little changed in afternoon trading.

Apple is waging a global legal battle on Qualcomm's long-held practice of charging a percentage of the total price of iPhones and other Apple devices as a licensing fee for its patents.

Apple and Qualcomm did not immediately respond to requests for comment.

(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Martina D'Couto)

Also read: 19th Party Congress: 7 key themes from President Xi Jinping's work report

Source: channelnewsasia.com

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