Judge rules against Qualcomm

Published May 22, 2019 778 Views $0.15 earned

Rumble / Trending NewsFILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. REUTERS/Mike Blake (Reuters) - Qualcomm Inc unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose excessive licensing fees, a U.S. judged ruled, sending the company’s shares down 13 percent in pre-market trade. Qualcomm’s operating segment relating to its chip and software business is called Qualcomm CDMA Technologies (QCT).

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