Apple $7 billion behind on royalty payments, says Qualcomm

There comes a new allegation in the ongoing legal battle going on between Apple and Qualcomm, Qualcomm revealed in a court hearing that Apple is currently $7 billion behind on royalty payments.

During a federal court hearing in San Diego, Qualcomm said that Apple is $7 billion behind on royalty payments while Apple commented that Qualcomm is charging unfairly for the use of its patents.

[Source: Qualcomm]
Since the dispute began, Apple has been holding back the royalty payment to Qualcomm and in April of this year, it was reported that Apple is holding some $1 billion in royalty payments.

However, since the latest acquisition made by Qualcomm, the number has increased up to $7 billion.

Last month, Qualcomm made an acquisition about Apple stealing its source code and handing it over to Intel and it made the legal battle between Apple and Qualcomm take a new turn.

After these accusations, Qualcomm’s CEO said we hope to do business with Apple one day again while Apple’s CEO Tim Cook said that he is open to set the legal dispute but he also said that the legal battle between both the companies will be a lengthy one.

Due to the agreement breach between Apple and Qualcomm, this year’s iPhone models use radio chips from Intel instead of Qualcomm which dealt a huge blow to the chipmaker business.

Older models of iPhone are still being sold with the Qualcomm’s chipsets but the cutting out of new generation models is a troublesome sign for the famous chipmaker business.

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