Qualcomm Inc filed a complaint against Foxconn Technology Group and three other contract manufacturers of Apple Inc for not paying royalties. Qualcomm Inc filed a complaint against Foxconn Technology Group and three other contract manufacturers of Apple Inc for not paying royalties. Qualcomm Inc said on Wednesday it filed a complaint against Foxconn Technology Group and three other contract manufacturers of Apple Inc for not paying royalties. The chipmaker slashed its current-quarter profit and revenue forecasts in April, saying it excluded revenue receivable from those contract manufacturers. Qualcomm filed the complaint in the United States District Court for the Southern District of California.

Source: Indian Express May 17, 2017 12:32 UTC