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Michelle
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Michelle,
User Rank: Light Sabre
12/31/2016 | 7:37:31 PM
Re: Massive test/precedent
Appealing such a hefty fine does seem to be predictable move. Is there a possibility that the appeal could bring a lowered fine? What happens to Qualcomm?
freehe
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freehe,
User Rank: Light Sabre
12/30/2016 | 6:51:37 PM
Qualcomm Fined
As my grandmother would say, "if one or two people say something it might not be true, but if multiple people say the same thing there has to be some truth to it"

Qualcomm needs to adhere to the laws in other countries before they go into the black, lose customers and risks going out of business.

 
freehe
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freehe,
User Rank: Light Sabre
12/30/2016 | 6:49:54 PM
Qualcomm Greed or Innocent
I am aware that some companies do steal ideas and violate laws but this fine seems to be too big too ignore. Qualcomm expected Korea's Fair Trade Commission to operate and offer lax fines the same as the US FTC.

Qualcomm learned a valuable lessons, every country has their own set of rules and regulations that companies must follow or there will be major consequences.
freehe
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freehe,
User Rank: Light Sabre
12/30/2016 | 6:47:28 PM
Qualcomm Fine

When implementing a new product or service companies should always make sure there is no hint of violation of laws, patents or copyrights.

Qualcomm is guilty of "abuse of market dominance" by refusing to license or restricting the licensing of cellular standard essential patents (SEPs) to other modem chipset vendors.

 

freehe
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freehe,
User Rank: Light Sabre
12/30/2016 | 6:45:30 PM
Re: Massive test/precedent
@Ray, good insight on the article. Curious to see the outcome.
Ray@LR
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[email protected],
User Rank: Blogger
12/30/2016 | 5:40:04 AM
Massive test/precedent
No matter how large the fine, the accused will always appeal a guilty verdict in these cases but this one looks critical.

If the decision is upheld that will create a precedent that will could start a chain reaction of other challenges and Qualcomm will not want that for many financial and operational reasons.

And then there's the size of this fine.... not only is it approaching $1 billion but it is more than 10% of Qualcomm's total IPR/licensing revenues for its most recent fiscal year. 

You wouldn't expect Qualcomm to take this without a fight but it really can't afford to if it wants to remain as the leading mobile powerhouse as we head towards 5G.   


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