“Even as a series of anti-trust investigations and an ugly pricing dispute with Apple Inc. threaten its lucrative licensing business, Qualcomm Inc. is looking aggressively ahead to its future opportunities,” Brian Sozzi reports for TheStreet.
“Chief among them, of course, is its planned acquisition of NXP Semiconductors, the leader in producing semiconductors for the automotive industry,” Sozzi reports. “The antri-trust investigations and disputes with Apple and at least one other major cell phone maker have taken some wind out of Qualcomm’s sails, with its stock price declining about 22% in the past year. But its CEO, Steven Mollenkopf, who took over the company from the founder’s son in 2014, is nothing if not an optimist.”
TheStreet: Where do things stand with your licensing disputes with Apple?
Mollenkopf: I would say we have both stated our positions. We are in the process of executing the legal strategies on both sides. I like to describe it as if you are watching a movie and you only watch five minutes of the movie, you really can’t tell what’s going on with the plot. That’s probably what people are seeing. But at the end, we are defending our existing contract that we have had in place for a very long time. We think we will be successful. We think it will take time to do that.
Read more in the full article here.
MacDailyNews Take: We’ll have what Steven’s having!
Your free ride on Apple’s gravy train is nearing the end of the line, Qualcomm.
Qualcomm’s FRAND abuse must not stand. Qualcomm’s licensing scam — charging a percentage of the total cost of all components in the phone, even non-Qualcomm components — is unreasonable, illogical, and irrational.
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Qualcomm loses two key rulings in its patent royalty fight with Apple – September 21, 2017
Apple’s A11 Bionic obliterates top chips from Qualcomm, Samsung and Huawei – September 18, 2017
U.S. judge rules Apple lawsuits against Qualcomm can proceed – September 8, 2017
Qualcomm CEO expects out of court settlement with Apple – July 18, 2017
Apple-Qualcomm legal dispute likely to be ‘long and ugly’ – July 7, 2017
Qualcomm wants court to block Apple from U.S. iPhone imports and sales – July 6, 2017
Judge rules U.S. FTC antitrust lawsuit against Qualcomm to proceed – June 27, 2017
Apple uses Supreme Court decision to escalate war against Qualcomm – June 20, 2017
Apple’s amended San Diego complaint against Qualcomm leaves no doubt: many billions at stake – June 20, 2017
Apple rejects Qualcomm’s allegation of throttling iPhones, says ‘study’ is ‘methodologically unsound’ – June 20, 2017
Apple just poached one of Qualcomm’s top guys – May 31, 2017