Apple and Qualcomm’s epic legal battle appears to be reaching the end. Amongst all their disagreements, they see eye-to-eye on the importance of 5G in the U.S. With a key ruling from the U.S. International Trade Commission expected tomorrow, Bloomberg News reported on the very high-stakes for both firms.
A ruling from the trade commission favoring Apple could undermine Qualcomm’s attempts to defend its business model and keep on charging billions of dollars in technology licensing fees. If Qualcomm prevails, Apple may face restrictions on its ability to import and sell some versions of the iPhone, the main source of its revenue…. The fear in Washington that China will get a global lead in 5G is being stoked by both Apple and Qualcomm to try to win the epic legal battle over technology that currently underpins all smartphones.
Check It Out: Apple and Qualcomm Agree on One Thing: China