Apple China says it will push software update in bid to resolve Qualcomm case [Reuters (UK)]
QUALCOMM Incorporated (QCOM)
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Source: Reuters
Apple China says it will push software update in bid to resolve Qualcomm case | Reuters 2 Min Read SHANGHAI/SAN FRANCISCO (Reuters) - Apple Inc, facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc patents, said on Friday it will push software updates to users in a bid to resolve potential issues. Apple will carry out the software updates at the start of next week “to address any possible concern about our compliance with the order”, the firm said in a statement sent to Reuters. Earlier this week, Qualcomm said a Chinese court had ordered a ban on sales of some older Apple iPhone models for violating two of its patents, though intellectual property lawyers said the ban would still likely take time to enforce. “Based on the iPhone models we offer today in China, we believe we are in compliance,” Apple said. “Early next week we will deliver a software update for iPhone users in China addressing the minor functionality of the two patents at i
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QCOM
News
- QUALCOMM Incorporated (NASDAQ: QCOM) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $200.00 price target on the stock.MarketBeat
- Qualcomm: Surging AI Optimism Not Warranted [Seeking Alpha]Seeking Alpha
- Stock Market News for May 3, 2024 [Yahoo! Finance]Yahoo! Finance
- Qualcomm: Strong Execution Continues [Seeking Alpha]Seeking Alpha
- QUALCOMM Incorporated (NASDAQ: QCOM) had its price target raised by analysts at Canaccord Genuity Group Inc. from $180.00 to $206.00. They now have a "buy" rating on the stock.MarketBeat
QCOM
Earnings
- 5/1/24 - Beat
QCOM
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 144
- 5/3/24 - Form 144
- QCOM's page on the SEC website