Qualcomm wins appeal in US antitrust suit over licensing

Qualcomm argued on appeal that its licensing business benefits the whole industry by speeding up improvements to smartphones and the services they support. — Reuters

Qualcomm Inc persuaded a US appeals court to set aside a 2019 ruling that cast a pall over its licensing business and threatened to upend the smartphone industry.

The ruling on Aug 11 by a three-judge panel is a blow to the US Federal Trade Commission, which last year won an order requiring the company to renegotiate patent licenses worth billions of dollars with phone makers.