Eddy Cue, Apple's senior VP of internet software and services, will be deposed as a part of the company's ongoing legal battle with Qualcomm, a U.S. federal judge ruled on Friday.
Seeking to appease customers like Apple and Huawei — and government regulators as well — chipmaker Qualcomm has switched to a more affordable patent licensing model, particularly for makers of high-end and/or 5G-capable phones.
Qualcomm in an earnings conference call on Wednesday showed rare willingness to modify its patent licensing policies, a core segment of its business that sparked a court battle with Apple and government investigations into potentially anticompetitive practices.
Recent rumors suggest Apple is planning to remove longtime partner Qualcomm from its iPhone supply chain in favor of industry rival Intel, but according to a new report the switch will not be completed in full this year.
U.S. chipmaker Qualcomm on Wednesday confirmed it is conducting layoffs as part of cost-cutting measures announced in January. The firm is fighting to remain afloat after a tumultuous few months that saw a failed hostile takeover by Broadcom, multiple government inquiries into unsavory business practices and a protracted legal war with Apple.
Apple CEO Tim Cook will be deposed on June 27 as a part of a Qualcomm countersuit against the tech giant, accusing Apple of lying to regulators in order to spark government investigations.
Just days after avoiding a hostile takeover by Singapore-based Broadcom, the situation at Qualcomm continued to devolve on Friday when former executive chairman and ex-CEO Paul Jacobs was stripped of his board position as he pursues a bid for the company.
The head of a mutual fund with 8.3 million shares in Qualcomm says he opposed Broadcom's now-aborted $117 billion takeover bid, thinking Qualcomm can do better — so long as it settles its legal battles with Apple.
After President Donald Trump issued an executive order blocking Broadcom's proposed takeover of U.S. chipmaker Qualcomm, the Singapore-based company will formally announce an end to acquisition efforts, a report said Tuesday.
President Donald Trump has quashed Singapore-based Broadcom's hostile pursuit of U.S. chipmaker Qualcomm citing national security concerns, the White House said in a statement on Monday.
Broadcom is looking for shareholder approval to "redomicile" back to the U.S., to side-step the effects of a pause induced by a CFIUS investigative process, which could have ultimately stopped it's attempt to take over Qualcomm.
Singapore-based Apple supplier Broadcom on Friday said it will this month ask shareholders for approval to redomicile to the U.S., potentially threatening a U.S. national security panel investigation into the company's unrelenting hostile pursuit of American chipmaker Qualcomm.
In mulling its options over Broadcom's attempt to takeover embattled chip maker Qualcomm, Intel is reportedly considering an acquisition of Broadcom itself, a move designed to thwart the creation of a major industry competitor.
With the Galaxy S9 and S9+ now in the hands of tech reviewers, some are beginning to evaluate how Samsung's latest handsets stacks up against Apple's flagship iPhone X. One head-to-head shows the S9's Qualcomm Snapdragon 845 CPU, while speedy, is easily bested by Apple's A11 Bionic power plant.
The U.S. government considers there to be possible national security risks in Broadcom's proposed $117 billion acquistion of Qualcomm, enough to warrant a full-scale investigation, the U.S. Treasury's deputy assistant secretary for investment security said in a letter to the two Apple suppliers.
The U.S. Treasury Department's Committee on Foreign Investment (CFIUS) has ordered Apple supplier Qualcomm to delay a shareholders meeting 30 days, postponing — if not potentially derailing — Broadcom's attempted $117 billion hostile takeover.
Qualcomm on Wednesday revealed the Snapdragon X24, its latest LTE modem for mobile devices, with peak download speeds hitting 2 gigabits per second — though Apple may choose to forego the technology in its next iPhones.
Qualcomm and Broadcom will reportedly meet on Wednesday in order to discuss the latter's $121 billion takeover offer, despite Qualcomm's repeated rejections in the past.
Qualcomm on Thursday said its board of directors has unanimously rejected a revised $121 billion buyout offer from Broadcom, saying the proposal "materially undervalues" the chipmaker's assets.
The hostile takeover of Qualcomm continues, with Broadcom offering not just $60 per share of Qualcomm, but more than double the amount of stock for the combined entity that current shareholders will reap, should the deal conclude.
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Roger Fingas
Mikey Campbell
Stephen Silver
AppleInsider Staff
Mike Wuerthele
