Qualcomm Said to Seek U.S. Import Ban for iPhones

Just Pinned to Domestic and Global News: REPORT: QUALCOMM Seeks U.S. Import Ban for iPhones... Incensed over Apple Inc.s decision to stop paying it billions of dollars in licensing fees for smartphone chipsQualcomm Inc. plans to retaliate by asking a U.S. trade agency to ban the imports of iPhones according to a person familiar with the companys strategy. Qualcomm is preparing to ask the International Trade Commission to stop the iPhone which is built in Asia from entering the country threatening to block Apples iconic product from the American market in advance of its anticipated new model this fall according to the person who asked not to be identified because the discussions are private. The ITC is a quasi-judicial agency in Washington that has the power to block the import of goods into the U.S. and processes cases more quickly than federal district courts -- the venue in which the companies are accusing each other of lying making threats and trying to create an illegal monopoly. The escalating legal dispute revolves around patents Qualcomm holds that let it to charge a percentage of the price of every modern high-speed data-capable smartphone regardless of whether the devices u
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