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[cnet] Qualcomm CEO defends chip-licensing business in FTC trial

LexRank Summarization

  • That's because Qualcomm's patent licenses cover lots more technology a phone might use than simply what's in his company's modem chips, which let phones talk to mobile networks.

  • "There's a tremendous amount of iP we generate that makes the system work." The FTC, aided by modem chip rival Intel and iPhone maker Apple, filed a suit two years ago arguing that Qualcomm has a monopoly on modem chips and harmed competition by trying to maintain its power.

  • Before the 2011 agreement, for example, Apple approached Qualcomm about the prospect of exclusively supplying Qualcomm's modem chips in the iPhone in exchange for a $1 billion incentive payment, Mollenkopf testified.

TextRank Summarization

  • Qualcomm and the FTC are facing off in the US District Court in San Jose, California.

  • Apple's 2011 and 2013 agreements to purchase Qualcomm's modem chips are key examples.

  • Before the 2011 agreement, for example, Apple approached Qualcomm about the prospect of exclusively supplying Qualcomm's modem chips in the iPhone in exchange for a $1 billion incentive payment, Mollenkopf testified.

Ref: https://www.cnet.com/news/qualcomm-ceo-defends-chip-licensing-business-in-ftc-trial/#ftag=CAD590a51e