Qualcomm Inc (QCOM. O) confirmed an earlier report that the chipmaker had filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s (AAPL. O) iPhones in the country.
(Reuters) – Qualcomm Inc ( QCOM. O) confirmed an earlier report that the chipmaker had filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s ( AAPL. O) iPhones in the country.
Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, a company spokeswoman confirmed on Friday, but did not provide further details.
Bloomberg had earlier reported about the lawsuits in China. ( bloom.bg/2z6qMwu)
Apple’s shares were marginally up, while Qualcomm shares were marginally down in late-afternoon trading.
The iPhone maker has always been willing to pay fair and reasonable rates for the patents it uses, Apple told Reuters in an email.
