
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. The payment from Qualcomm to Apple – part of a 2011 deal between Apple and Qualcomm … Read More