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Apple demanded $1 billion from Qualcomm for chance to win iPhone

Apple Inc asked for $1 billion as an "incentive payment" from Qualcomm Inc in order for Qualcomm to become the supplier of modem chips for Apple's iPhone, Qualcomm's chief executive testified on Friday at a trial with U.S. antitrust regulators. [Source]

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Category: businessNews

Topics: qualcomm, iphone, apple, billion, payment

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