Qualcomm fights $647 million UK lawsuit over smartphone chip royalties
1. Qualcomm faces a $646.8 million lawsuit for allegedly abusing market dominance. 2. The lawsuit claims inflated royalties from Apple and Samsung affecting their pricing.
FAQ
Why Bearish?
Legal challenges can negatively affect stock performance; past lawsuits led to declines.
How important is it?
Ongoing lawsuits could lead to financial liabilities that affect investor sentiment.
Why Short Term?
Immediate legal proceedings may impact QCOM's stock volatility in the near term.