January 24, 2018 / 12:10 PM / 7 months ago

BRIEF-Qualcomm To Appeal European Commission Decision Regarding Modem Chip Agreement

Jan 24 (Reuters) - Qualcomm Inc:

* QUALCOMM TO APPEAL EUROPEAN COMMISSION DECISION REGARDING MODEM CHIP AGREEMENT

* QUALCOMM INC - EC DECISION DOES NOT RELATE TO QUALCOMM’S LICENSING BUSINESS AND HAS NO IMPACT ON ONGOING OPERATIONS

* QUALCOMM - CONFIRMED IT HAS RECEIVED DECISION FROM EC RELATING TO AN EXPIRED AGREEMENT BETWEEN QUALCOMM AND APPLE

* QUALCOMM SAYS “CONFIDENT THIS AGREEMENT DID NOT VIOLATE EU COMPETITION RULES OR ADVERSELY AFFECT MARKET COMPETITION OR EUROPEAN CONSUMERS” Source text for Eikon: Further company coverage:

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