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Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO

Qualcomm sought to become the sole supplier of modem chips for Apple's iPhone to recoup a $1-billion "incentive payment" that Apple insisted on, not to block rivals from the market, Qualcomm's chief executive testified on Friday. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: apple, qualcomm, iphone, supplier, sole

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/nCorXzVVNl0/apple-demanded-1-billion-for-chance-to-win-iphone-qualcomm-ceo-idUSKCN1P600H

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