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

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Qualcomm sought to become the sole supplier of modem chips for Apple's iPhone to recoup a US$1-billion 'incentive payment' that Apple insisted on, ...

 

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Apple demanded US$1 billion from Qualcomm for chance to win iPhoneApple Inc asked for US$1 billion as an 'incentive payment' from Qualcomm Inc in order for Qualcomm to become the supplier of modem chips for ...
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Apple demanded US$1b for chance to win iPhone: Qualcomm CEO[SAN JOSE, California] Qualcomm sought to become the sole supplier of modem chips for Apple's iPhone to recoup a US$1-billion 'incentive payment' that Apple insisted on, not to block rivals from the market, Qualcomm's chief executive testified on Friday. Read more at The Business Times.
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