The Latest on federal judge's ruling against Qualcomm (all times local):11:15 a.m.A federal ruling against Qualcomm is likely to reduce the licensing fees paid on the sales of smartphones. But it's unclear if device makers such as Apple will pass on any of their savings and lower their prices. U.S. District Judge Lucy Koh in San Jose, California, is siding with the Federal Trade Commission in its antitrust case against Qualcomm. She says Qualcomm unlawfully squeezed out rivals in the cellphone chip market and charged excessive royalties. ———10:40 a.m.A federal judge has ruled that Qualcomm unlawfully squeezed out rivals in the cellphone chip market and charged excessive royalties.

Source: ABC News May 22, 2019 14:57 UTC