UPDATE 2-Qualcomm accuses Apple of stealing its secrets to help Intel [Reuters]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
Qualcomm accuses Apple of stealing its secrets to help Intel | Reuters 3 Min Read (Reuters) - Qualcomm Inc on Tuesday alleged that Apple Inc stole its trade secrets and gave them to Intel Corp to improve its chips, paving the way for Apple to use them instead of Qualcomm chips, the latest salvo in a drawn-out legal dispute between the companies. Qualcomm made the accusations in a motion to amend a complaint filed in November, when it alleged Apple had broken a software license contract by sharing confidential details about Qualcomm’s chips with Intel engineers. Qualcomm provided modem chips for the iPhone, which helped the device connect to wireless data networks. Starting with the iPhone 7, however, Apple began using Intel modem chips in some of its models. Tuesday’s allegations were made in a planned legal filing seen by Reuters. They go further than the original complaint by alleging Apple stole Qualcomm trade secrets in a “multi-year campaign of sloppy, inappropriate and deceitful
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- QUALCOMM Incorporated (NASDAQ: QCOM) is now covered by analysts at Benchmark Co.. They set a "buy" rating and a $200.00 price target on the stock.MarketBeat
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