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Qualcomm avoids paying almost 1 billion Euro fine

Qualcomm could have just gotten out of paying nearly 1 billion Euro fine after an appeal court ruled in its favour. The chipmaker has been in the court with the iPhone maker after it was accused of antitrust violations.

According to the initial ruling, Qualcomm had been using Apple’s LTE baseband chips for five years (between 2011 and 2016). During this time, it cornered majority of the market share, beating everyone as the leading chipset manufacturer.

In the process, it also allegedly manipulated the market, and monopolised its tech superiority. The deal also prevented rivals from competing for Apple’s business and stopped Apple from changing parts of its baseband chipset earlier.

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It was originally fined $991 million but the ruling has now been overturned after Qualcomm appealed. The new judgement claims that there is not enough enough to show that Apple tech gave it such power over competitors and the market.

Instead, the General Court criticised the handling of the case, citing high-handedness and irregularities.

“A number of procedural irregularities affected Qualcomm’s rights of defence and invalidate the Commission’s analysis of the conduct alleged against Qualcomm,” the new ruling said.

Apple still has some cases lined up against the chipmaker, with the one about invalidating Qualcomm’s patent not yet in the court.

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Onwuasoanya Obinna

A reader of books and stringer of words. Passionate about Science and Tech. When not writing or reading he is surfing the web and Tweeting.