UPDATE 3-U.S. appeals court reverses antitrust ruling against Qualcomm [Reuters]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
U.S. appeals court reverses antitrust ruling against Qualcomm (Reuters) - A U.S. appeals court on Tuesday reversed a lower court ruling against chip supplier Qualcomm Inc in an antitrust lawsuit brought by the Federal Trade Commission. The U.S. Ninth Circuit Court of Appeals also vacated an injunction that would have required Qualcomm to change its intellectual property licensing practices. The decision was a major vindication for the San Diego, California-based company, the largest supplier of chips for mobile phones and also a key generator of wireless communications technology. Qualcomm was fighting a May 2019 decision by U.S. District Judge Lucy Koh in San Jose, California. That judge sided with the FTC, writing that Qualcomm’s practice of requiring phone makers to sign a patent license agreement before selling them chips “strangled competition” and harmed consumers. The case divided antitrust regulators in the U.S. government, with the Justice Department intervening to file a bri
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QCOM
Earnings
- 1/31/24 - Beat
QCOM
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 144
- 4/2/24 - Form 4
- QCOM's page on the SEC website