Legal war with Apple hits Qualcomm's revenue projections
(PCWorld)

The legal fight between Apple and Qualcomm on licensing modem technology is turning uglier every day.Apple has filed lawsuits against Qualcomm in countries like the U.S., U.K., China and Japan, accusing the chipmaker of using its dominant market position to overcharge licensing fees.The iPhone maker itself doesn`t pay licensing fees directly to Qualcomm. The fees are paid by partners like Foxconn, which makes the iPhone and iPad for Apple.Qualcomm is now accusing Apple of interfering with the licensing payments owed by those partners. Its revenue forecasts for the third quarter are affected, Qualcomm said.The chipmaker on Friday revised its revenue projections for the third fiscal quarter. It is projecting revenue to be between US$5.3 billion and $6.1 billion. That range runs between a decrease of 12 percent and an increase of 1 percent, compared to the same quarter last year. The forecast removes royalty revenues from Apple`s contract manufacturers.To read this article in full or to leave a comment, please click here