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Message: <blockquote data-quote="Bugsy Malone" data-source="post: 10913" data-attributes="member: 201">(24th of April 2019)                 Hello and welcome to this week's write up <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile    :)" loading="lazy" data-shortname=":)" />Topics include:1.     Apple and Qualcomm resolve patent dispute (by [USER=260]@Abstruser[/USER] );2.     German Court Case Against Google (by [USER=1643]@Moni[/USER]);3.     Jet Airways Suspends Domestic and International Flights (by [USER=201]@bugsy malone[/USER])1.     Apple and Qualcomm resolve patent dispute (by [USER=260]@Abstruser[/USER])The story:Qualcomm is the patent holder for some of the technology that allows mobile phones to connect to the internet and mobile networks. Several phone manufacturers, including Samsung and Apple, pay Qualcomm licensing fees to use that technology in their mobile phones.In 2017, Apple instructed its manufacturers to stop paying Qualcomm royalties, on the basis that the chipmaker was overcharging Apple for the use of its technology. In particular, Apple was challenging Qualcomm’s practice of charging royalties on every mobile phone sold by licensees, irrespective of whether those mobile phones used Qualcomm chips. In addition, those royalties were charged at 5% of the value of each handset, which Apple argued overlooked the value of other smartphone features such as facial recognition and cameras. Qualcomm responded by counterclaiming that Apple was stealing intellectual property by using its technology without paying licensing fees.After two years of litigation, Apple and Qualcomm reached a settlement last week, putting an end to their bitter multibillion dollar dispute. According to a joint statement released by both companies, the settlement includes a six-year licensing arrangement and a chip supply agreement. Apple also paid an undisclosed one-off sum to Qualcomm. Analysts from UBS have estimated the sum to be somewhere between $5 billion to $6 billion.Impact on businesses and law firms:The chip supply agreement reached as part of the settlement marks the likely return of Qualcomm chips to Apple’s iPhones and other devices. This is particularly significant because Qualcomm, alongside Huawei and Sony, is one of the frontrunners in the race to roll out 5G technology. Apple had been touting the release of a 5G smartphone for April 2020. However, rumours had been circulating over the past few months that Intel, on whose chips Apple’s iPhones were reliant, would not be able to release a 5G smartphone chip in time for 2020.Shortly after the Apple-Qualcomm settlement was announced, Intel announced that it was abandoning its plan to develop 5G chips for smartphones. Intel’s shares fell around 2% on the same trading day. Conversely, shares in Qualcomm rose as high as 24% on the day that news of the settlement was released, making it Qualcomm’s best trading day since 1999. Apple shares also rose about 1%.Although Apple and Qualcomm have agreed to drop all lawsuits against each other, Qualcomm is still facing multiple antitrust lawsuits from competition law enforcers worldwide. This could generate work for law firms practicing competition law worldwide. In 2011, Qualcomm signed an agreement with Apple committing the iPhone maker not to purchase chips from any other chipmakers. Last year, the EU Commission found this to be an abuse of Qualcomm’s dominant market position, and fined the American chipmaker €997 million. Qualcomm is currently appealing this decision. Similarly, following a loss in the Korean Supreme Court in February, Qualcomm is liable to pay $242 million to the Korean Free Trade Commission for its anti-competitive trade practices. Qualcomm is also being investigated by US officials for its anti-competitive practices.</blockquote>

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