Technology 

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

SAN JOSE, California (Reuters) – Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment” that Apple insisted on, not to block rivals from the market, Qualcomm’s chief executive testified on Friday. FILE PHOTO: A woman checks her phone at a flagship Apple store at Iconsiam shopping mall in Bangkok, Thailand November 9, 2018. REUTERS/Soe Zeya Tun The payment from Qualcomm to Apple – part of a 2011 deal between Apple and Qualcomm – was meant to ease the technical costs…

Read More
Technology 

Apple plans to launch three new iPhone models this year: WSJ

FILE PHOTO: Apple company logos are seen as two MacBooks stand next to each other in an office in Vienna, Austria January 3, 2019. REUTERS/Leonhard Foeger (Reuters) – Apple Inc plans to launch three new iPhone models this year, including one with an LCD screen, to succeed its struggling XR model, the Wall Street Journal reported on Friday. The iPhone maker also intends to introduce new camera features, the report said, citing people familiar with the matter. Apple was not immediately available for comment outside regular business hours. The Cupertino,…

Read More
Technology 

China retailers slash iPhone prices after Apple sales warning

SHANGHAI (Reuters) – Several Chinese electronics retailers including Alibaba-backed Suning (002024.SZ) and JD.com (JD.O) have slashed iPhone prices this week, after Apple (AAPL.O) recently blamed poor sales of the smartphone in the country for a rare revenue warning. FILE PHOTO: A new iPhone X is sold at an Apple Store in Beijing, China November 3, 2017. REUTERS/Damir Sagolj/File Photo The discounting, as steep as $118 for the recently launched 64GB iPhone XR, is the latest sign that Apple’s weak holiday sales in China may have extended to the current quarter.…

Read More
Technology 

Huawei staff punished after official tweet posted ‘via iPhone’

Image copyright Reuters Image caption Chinese companies have been encouraging the use of Huawei products Two Huawei employees who sent a message from the Chinese telecom firm’s Twitter account using an iPhone device have been punished, a memo says. The tweet, posted on New Year’s Day, wished followers a “Happy #2019” while displaying “via Twitter for iPhone”. Chinese companies have been trying to steer employees toward Huawei products and away from US rival Apple. Last year, Huawei overtook Apple in the number of handsets shipped worldwide, making it second only…

Read More
Technology 

Qualcomm enforces ban to halt some Apple iPhone sales in Germany

(Reuters) – Qualcomm Inc (QCOM.O) on Thursday took steps to enforce a court order banning the sale of some iPhone models in Germany, a move that will likely see Apple Inc (AAPL.O) pull those iPhone models from its German stores. FILE PHOTO: Customers stand in line at the Apple store in Berlin, September 19, 2014. REUTERS/Hannibal The U.S. chipmaker posted bonds of 1.34 billion euros ($1.52 billion) as part of a legal requirement by a German court, which found on Dec. 20 that Apple had infringed Qualcomm patents on power-saving…

Read More
Technology 

Qualcomm posts court ordered bonds to stop iPhone sales in Germany

FILE PHOTO: Customers stand in line at the Apple store in Berlin, September 19, 2014. REUTERS/Hannibal (Reuters) – Qualcomm Inc (QCOM.O) said on Thursday it posted security bonds of 1.34 billion euros ($1.52 billion) in order to be able to enforce a court order that will ban sales of some Apple Inc (AAPL.O) iPhones in Germany. The chipmaker needed to post the bonds as part of a legal requirement by a German court, which on Dec. 20 found that Apple had infringed Qualcomm patents on power saving technology used in…

Read More
Technology 

Apple cuts sales forecast as China sales weaken; iPhone pricing in focus

SAN FRANCISCO/BENGALURU/SHANGHAI (Reuters) – Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations. The news, which comes as a spotlight grows on Beijing’s attempts to revive stalling growth, sent Apple shares tumbling in after-hours trade, hammered Asian suppliers and triggered a broader selloff in global markets. The revenue drop for the just-ended quarter underscores how an economic slowdown in China has been…

Read More
Technology 

Citi cuts Q1 iPhone production estimates on weak demand

Apple’s new iPhone XS and XS Max are displayed after it went on sale at the Apple Store in Tokyo’s Omotesando shopping district, Japan, September 21, 2018. REUTERS/Issei Kato (Reuters) – Citi Research on Friday slashed its first-quarter production estimates for Apple Inc’s iPhones and nearly halved expectations on the costliest iPhone XS Max, joining other brokerages in lowering forecast amid reports of weak demand. “The material cut in our forecasts is driven by our view that 2018 iPhone is entering a destocking phase, which does not bode well for…

Read More
Technology 

Qualcomm to file suits in Chinese courts to ban iPhone XS, XR sales

FILE PHOTO: The logo of Qualcomm is seen during the Mobile World Congress in Barcelona, Spain February 27, 2018. REUTERS/Yves Herman/File Photo (Reuters) – Chipmaker Qualcomm Inc (QCOM.O) is asking courts in China to ban sales of Apple Inc’s (AAPL.O) latest iPhone models XS and XR after winning a preliminary injunction against older models, the company confirmed on Thursday. On Monday, a Chinese court had ordered a sales ban of some older Apple iPhone models for violating two patents of Qualcomm, though intellectual property lawyers said enforcement of the ban…

Read More
Technology 

China court bans sales of older iPhone models in Apple-Qualcomm global battle

SAN FRANCISCO/SHANGHAI (Reuters) – A Chinese court has ordered a sales ban of some older Apple Inc iPhone models in China for violating two patents of chipmaker Qualcomm Inc, though intellectual property lawyers said enforcement of the ban was likely still a distant threat. The case, brought by Qualcomm, is part of a global patent dispute between the two U.S. companies that includes dozens of lawsuits. It creates uncertainty over Apple’s business in one of its biggest markets at a time when concerns over waning demand for new iPhones are…

Read More