Qualcomm Says Apple Is $7 Billion Behind in Royalty Payments
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Qualcomm Inc. says its fight with Apple Inc. over how much the chipmaker can charge for essential patented technology used in iPhones and iPads is getting pricey.
“They’re trying to destroy our business," Qualcomm lawyer Evan Chesler said at a hearing Friday in federal court in San Diego. "They’re now $7 billion dollars behind in royalties. The house is on fire and there is $7 billion of property damage right now.”