Sales of LG Electronics Inc's new 5G smartphone looked uncertain on Wednesd...
SEOUL - Sales of LG Electronics Inc’s new 5G smartphone looked uncertain on Wednesday after the firm said it was unable to narrow differences with Qualcomm Inc to renew a chip license deal that is due to expire this month.
“If Qualcomm does not participate in negotiations with LGE in accordance with the Court’s Order, LGE will have no option but to conclude license and chipset supply agreements once again on Qualcomm’s terms,” LG’s filing in the federal court in San Jose, California said. The firm launched its first 5G smartphone powered by Qualcomm in the United States in May after debuting it in South Korea in the same month.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LG Electronics, regulators oppose Qualcomm's effort to put antitrust ruling on holdSmartphone maker LG Electronics Inc on Tuesday opposed Qualcomm Inc's effor...
Read more »
Here's how global polarization over Huawei is shaping the 5G landscapeDespite Huawei being a point of contention, its foundation as a 5G leader will still deliver opportunities to markets that haven't cut ties with it.
Read more »
5G rollout will 'make things better' for cybersecurity, according to VerizonThe impending rollout of the next generation 5G wireless standard could be a boon for cybersecurity, according to an expert from Verizon.
Read more »
Exclusive: Some big tech firms cut employees' access to Huawei, muddying 5G rolloutSome of the world's biggest tech companies have told their employees to sto...
Read more »
Why a ban on Huawei is being ignored by some of the oldest U.S. allies in AsiaThe U.S., locked in a trade war with China, is urging countries to stop doing business with Huawei, citing security risks posed by its alleged ties to the Chinese government. But the Philippines — one of the oldest U.S. allies in Asia — has not signed on
Read more »